ACX (AirCarbon Exchange)

🎉 𝐀𝐂𝐗 𝐒𝐞𝐭𝐬 𝐀𝐧𝐧𝐮𝐚𝐥 𝐑𝐞𝐜𝐨𝐫𝐝 𝐟𝐨𝐫 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐕𝐨𝐥𝐮𝐦𝐞 𝐢𝐧 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 🎉 We are pleased to report that ACX (AirCarbon Exchange) facilitated a record-breaking volume of nearly 2.6 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐭𝐨𝐧𝐧𝐞𝐬 𝐨𝐟 𝐜𝐚𝐫𝐛𝐨𝐧 𝐜𝐫𝐞𝐝𝐢𝐭 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 — the highest monthly total of the year. These trades spanned key markets in the 𝐔𝐀𝐄, 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞, and 𝐁𝐫𝐚𝐳𝐢𝐥, with participation from prominent organisations in the UAE, North America, and leading European and Brazilian companies. 🌐 This milestone reflects the continued growth and 𝐠𝐥𝐨𝐛𝐚𝐥 𝐫𝐞𝐚𝐜𝐡 of our platform as we #collaborate with diverse stakeholders to advance the carbon markets. 📲 For queries or to learn more about how ACX can support your #sustainability initiatives, please reach out to [email protected]. #ACXMilestone #carbonmarkets #ClimateAction #GlobalCollaboration #CleanEnergy

📆 Tune in to ACX (AirCarbon Exchange)’s Head of APAC and Global Environmental Products, Wei Mei Hum, together with other industry leaders on Nov 6th at the Financial Times 𝐂𝐨𝐦𝐦𝐨𝐝𝐢𝐭𝐢𝐞𝐬 𝐀𝐬𝐢𝐚 𝐒𝐮𝐦𝐦𝐢𝐭, addressing critical challenges in scaling carbon markets. 🌱 𝐏𝐚𝐧𝐞𝐥 𝐓𝐨𝐩𝐢𝐜: 𝐎𝐯𝐞𝐫𝐜𝐨𝐦𝐢𝐧𝐠 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐭𝐨 𝐒𝐜𝐚𝐥𝐞 𝐂𝐚𝐫𝐛𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐀𝐬 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐜𝐚𝐫𝐛𝐨𝐧 𝐜𝐫𝐞𝐝𝐢𝐭𝐬 𝐠𝐫𝐨𝐰𝐬, 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐚𝐧𝐝 𝐫𝐢𝐬𝐤 𝐦𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐤𝐞𝐲 𝐭𝐨 𝐞𝐧𝐚𝐛𝐥𝐢𝐧𝐠 𝐧𝐞𝐰 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 Topics will include: ✅ Key financing challenges and risks holding back carbon market growth ✅ Emerging financing tools to spur market expansion ✅ Private sector and govt. roles in clarifying standards and mobilising funds Gain #insights on the future of #sustainable finance! #FTCommoditiesAsia #CarbonMarkets #SustainableFinance #ClimateAction #ACX

𝐐4 𝐒𝐮𝐫𝐠𝐞: 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐁𝐮𝐲𝐢𝐧𝐠 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐚𝐧𝐝 𝐑𝐞𝐜𝐨𝐫𝐝 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞 𝐕𝐨𝐥𝐮𝐦𝐞𝐬 𝐒𝐩𝐚𝐫𝐤 𝐑𝐞𝐧𝐞𝐰𝐞𝐝 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐀𝐜𝐫𝐨𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 As October draws to a close, attention is on Baku, Azerbaijan, where national delegates will decide on the operationalisation of Article 6 — a critical step for scaling the carbon market. The Voluntary Carbon Market (#VCM) has shown renewed activity, with recent volatility marked by low-ball bids targeting avoidance credits. According to Carbon Pulse, these bids focus on credits that largely do not meet Core Carbon Principles (CCP) criteria but may fulfill futures contract delivery needs. In contrast, offers for "industrial process credits" reportedly reached $30 per ton, highlighting the wide pricing spectrum within the VCM. Last week’s Mai Ndombe trades, priced below $0.50 per ton, further illustrate this range. In the I-REC market, activity varies across regions, reflecting diverse demand and pricing trends. ACX (AirCarbon Exchange) 𝘪𝘯 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴𝘩𝘪𝘱 𝘸𝘪𝘵𝘩 Trayport, 𝘰𝘧𝘧𝘦𝘳 𝘢 𝘴𝘦𝘤𝘶𝘳𝘦 𝘢𝘯𝘥 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘵 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮 𝘵𝘢𝘪𝘭𝘰𝘳𝘦𝘥 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘳𝘦𝘯𝘦𝘸𝘢𝘣𝘭𝘦 𝘦𝘯𝘦𝘳𝘨𝘺 𝘮𝘢𝘳𝘬𝘦𝘵. 𝘍𝘰𝘳 𝘮𝘰𝘳𝘦 𝘪𝘯𝘧𝘰 𝘰𝘯 𝘐-𝘙𝘌𝘊𝘴 @ 𝘈𝘊𝘟, 𝘤𝘩𝘦𝘤𝘬 𝘰𝘶𝘵: 𝘩𝘵𝘵𝘱𝘴://𝘢𝘤𝘹.𝘯𝘦𝘵/𝘳𝘦𝘤𝘴/ #CarbonCredits #Art6 #Article6 #RenewableEnergy #RECs #ACX

🌍 Andrew Cullen, ACX (AirCarbon Exchange)'s Global Head of Business Development, will be at ADIPEC Exhibition and Conference #ADIPEC2024! 𝘌𝘹𝘤𝘪𝘵𝘦𝘥 𝘵𝘰 𝘫𝘰𝘪𝘯 𝘦𝘯𝘦𝘳𝘨𝘺 𝘭𝘦𝘢𝘥𝘦𝘳𝘴 𝘢𝘯𝘥 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘰𝘳𝘴 𝘪𝘯 𝘈𝘣𝘶 𝘋𝘩𝘢𝘣𝘪 𝘧𝘳𝘰𝘮 𝘕𝘰𝘷 4-7 𝘧𝘰𝘳 𝘤𝘳𝘪𝘵𝘪𝘤𝘢𝘭 𝘥𝘪𝘴𝘤𝘶𝘴𝘴𝘪𝘰𝘯𝘴 𝘰𝘯 𝘵𝘩𝘦 𝘧𝘶𝘵𝘶𝘳𝘦 𝘰𝘧 #energy 𝘢𝘯𝘥 #climate 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴. 📲 Should you wish to connect onsite, reach out to Andrew at: https://lnkd.in/g7J3wn-p Secure your spot and join the conversation: https://lnkd.in/eqxWVChm #ADIPEC #FutureOfEnergy #ClimateSolutions

✨ Wishing everyone celebrating the radiant Festival of Lights a joyous and prosperous #Diwali! ✨ May this special occasion bring happiness, prosperity, and success to you and your loved ones. Happy #Deepavali from all of us at ACX (AirCarbon Exchange) 🪔🌟 #FestivalOfLights #DiwaliCelebration #PeaceAndHarmony

This week, the ACX (AirCarbon Exchange) team wrapped up a successful participation at Sustainable Energy Association of Singapore (SEAS)'s Asia Clean Energy Summit (#ACES2024) and the inaugural Asia Carbon Summit, part of Singapore International Energy Week (SIEW) 🌐. 🤝 It was a great opportunity to connect with new partners and catch up with old friends. At the Asia Carbon Summit, we were honored to hear Dr. Amy Khor, Singapore’s Senior Minister of State for Ministry of Sustainability and the Environment, Singapore and Ministry of Transport, Singapore, who opened the event by highlighting three key pillars for a successful energy transition and the growth of carbon markets: Infrastructure 🌱, Innovation 💡, and International Cooperation 🌍. As she emphasised, achieving these goals is not about individual efforts, but about collective action—‘𝐖𝐞’, not ‘I.’ 🎤 Our Co-Founder & Co-CEO, Thomas McMahon, also took the stage alongside industry leaders in the session, 𝑪𝒉𝒂𝒓𝒕𝒊𝒏𝒈 𝒕𝒉𝒆 𝑪𝒐𝒖𝒓𝒔𝒆: 𝑻𝒉𝒆 𝑭𝒖𝒕𝒖𝒓𝒆 𝒐𝒇 𝑪𝒂𝒓𝒃𝒐𝒏 𝑪𝒓𝒆𝒅𝒊𝒕𝒔 𝒊𝒏 𝑨𝒔𝒊𝒂 – 𝑰𝒏𝒏𝒐𝒗𝒂𝒕𝒊𝒐𝒏, 𝑴𝒂𝒓𝒌𝒆𝒕 𝑫𝒚𝒏𝒂𝒎𝒊𝒄𝒔, 𝒂𝒏𝒅 𝑮𝒓𝒐𝒘𝒕𝒉 𝑺𝒕𝒓𝒂𝒕𝒆𝒈𝒊𝒆𝒔, sharing his insights on the evolving landscape of carbon credits in Asia. #ClimateAction #Sustainability #ACX #AsiaCarbonSummit

The ACX (AirCarbon Exchange) team at IETA's #ACS2024 in #India 🇮🇳yesterday and will be there until 24 October! 🎤 Don’t miss Vishwajit Dahanukar on the panel today at 2:45 PM, “𝐖𝐡𝐚𝐭 𝐑𝐨𝐥𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐕𝐨𝐥𝐮𝐧𝐭𝐚𝐫𝐲 𝐂𝐚𝐫𝐛𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 (𝐕𝐂𝐌) 𝐢𝐧 𝐃𝐞𝐜𝐚𝐫𝐛𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐭𝐡𝐞 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐠𝐢𝐨𝐧?” And Xavier Pye on tomorrow (24 Oct) at 1:30 PM for his session on “𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞𝐬 𝐢𝐧 𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭𝐬: 𝐀𝐂𝐗’𝐬 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡”. 💼 Want to connect with us onsite? Drop us a message at [email protected] to schedule a meeting! We look forward to seeing you there. Chiranjeev Singh ( चिरंजीव सिंह ) #carbon #VCM #CarbonMarkets

✨ A sneak peek into our #ninth edition collaborative newsletter with AlliedOffsets! In this issue, we take a deep dive into #India’s voluntary carbon market, exploring its current landscape and future potential. 📊🌱 📚 Read the full newsletter here: https://lnkd.in/gV3DQqpc Subscribe to the newsletter and learn more about the intricate world of carbon and environmental markets together. 🌍💬 #Collaboration #ACX #CarbonCredits #CarbonPricing #Data #VoluntaryCarbonMarket

𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐑𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬 𝐅𝐮𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐚𝐬 𝐅𝐨𝐜𝐮𝐬 𝐒𝐡𝐢𝐟𝐭𝐬 𝐭𝐨 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐈𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 Recent weeks have seen a surge in carbon credit retirements by major French corporations, spurred by the Paris Olympic Committee's offsetting initiative. Notably, Chanel retired 300,000 REDD+ credits from VCS 1622 (Caribbean Guatemala - The Conservation Coast), while Engie led a significant retirement of 1.45 million credits, including 900,000 REDD credits from VCS 934 (Mai Ndombe). In addition, a prominent U.S. university retired nearly 200,000 credits, reflecting growing #climate #action commitments from American institutions. Amid increased market activity, attention has turned to #integrity concerns. Following recent fraud allegations involving a leading project developer, the Commodity Futures Trading Commission (CFTC) released final guidance on voluntary carbon credit derivative contracts. This move aims to enhance standardisation, transparency, and market integrity in voluntary carbon credit (#VCC) derivatives markets. With integrity in focus, all eyes are on #COP29 in Baku, Azerbaijan, where delegates will seek consensus on rules under Article 6 of the Paris Agreement to unlock future carbon markets. The I-REC market has also shown mixed activity across regions: Chile V24 Solar/Wind IRECs have a bid at USD0.60/MWh with asks at USD0.80/MWh. Mexico has bid for 50,000 V24 Solar/Wind IRECs at USD1.30/MWh. Morocco has bids for 20,000 V24 Wind IRECs at USD0.55/MWh with offers reaching USD4.50/MWh. Thailand V24 Solar/Wind is bid at USD 1.40/MWh with offers at USD1.55 to USD2.00/MWh, while Vietnam V24 Solar/Wind sees bids at USD0.40/MWh for 30,000 IRECs and USD0.35/MWh for 5000 IRECs with offers at USD0.50/MWh. #CarbonCredits #Sustainability #ClimateAction #CarbonTrading #EnvironmentalMarkets #IREC

The ACX (AirCarbon Exchange) team at Sustainable Energy Association of Singapore (SEAS)'s Asia Clean Energy Summit (#ACES)! Come find us at C06! #ClimateAction #Sustainability #ACXEvents #ACES2024 #AsiaCarbonSummit