AirCarbon Exchange Wins Environmental Finance’s Best Carbon Exchange Award for 2022

AirCarbon Exchange Wins Environmental Finance’s Best Carbon Exchange Award for 2022

Abu DhabiUAE, LONDON and SINGAPORE, September 23, 2022 /PRNewswire/ — AirCarbon Exchange (ACX) is pleased to have been voted the best carbon exchange in Environmental Finance’s 2022 Voluntary Carbon Market Rankings, marking the second consecutive year ACX has won the title after winning in 2021.

ACX is grateful for all the support it has received from those who voted in the awards, with a special thanks to Environmental Finance for showing the outstanding work being done in the voluntary carbon market sector.

“The Environmental Finance Award is the most coveted industry award in our space, so it’s humbled to receive the award for the second year in a row,” said William PazosManaging Director and Co-Founder of ACX. “It’s a nod to our world-class team who work tirelessly to bring price transparency to carbon markets through innovation. But most importantly, it speaks to a wider synergy between ACX and its members. Ultimately, we’re here to serve them. ”

The award culminates in an incredibly busy year at ACX, as the exchange expands its operations around the world to open up carbon markets, helping companies achieve their net-zero targets. Brazil, Africa and the Middle East have been three key areas where ACX has made significant progress with the exchange working with its partners EQAO and BlockC to establish a voluntary carbon marketplace in Brazil as well as hosting the world’s first-ever auction of micromobility carbon credits.

In AfricaACX partners with the Nairobi International Financial Center and the Nairobi Securities Exchange to develop Kenya’s Middle East’s first carbon exchange ACX has strengthened its presence and helped the Abu Dhabi Global Market reach the milestone as the world’s first carbon neutral International Finance Center.

ACX not only helped others achieve their climate goals, but also stood out among its peers when it launched the world’s first carbon-negative trade show May 2021, after it offset its carbon emissions 12 months in the future through the Onil Stoves Guatemala Uspantan project. This commitment continued this year with the purchase of credits from the Katingan Peatland Restoration and Conservation Project in Indonesia.

In June, ACX went live with the Global Emission Reduction contract, or GER, a groundbreaking environmental product that has the potential to become the global reference price for carbon offsets. Last month, ACX hit the milestone of 10 million credits traded through its exchange, highlighting its pivotal importance as the voluntary carbon market sector grows rapidly in the coming years.

Receiving the Environmental Finance accolade for the second year in a row only serves to reinforce ACX’s commitment to be the premier agent in the democratization of voluntary carbon markets by making them as transparent and efficient as possible so that ACX next year continues to grow worldwide.

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