Carbon Trade Exchange (CTX) is proud to announce the 4th extension for two (2) more years of the Agreement for the partnership with the UNFCCC CDM Registry that went live in 2017.
Hundreds of projects worldwide have benefited from this longstanding unique relationship, and buyers globally benefit from having access to wholesale priced UNFCCC CDM Certified Emissions Reductions (CER’s) from many project types and nations some of which are unique to the CDM program.
At the beginning of December, CTX had listed over 2 million CDM CER credits directly from the CDM Registry (Valued over $3.28 million) plus an additional 1.12 million CTX UN CERs in our 3 National Registry accounts (UK, Dutch EU and Australia) valued over $1.66 million.
With prices starting as low as $0.60 (60 cents) per ton of CO2e, these ‘Buy to Retire’ credits allow corporate buyers to keep average prices reasonable in a well constructed portfolio of offsets that combines some of the diverse credits from other credit standards.
CTX is the only Exchange that can trade CDM CERs and CTX CERs electronically.
The agreement includes Global Environmental Markets (GEM) who execute CTX clearance and settlement via the Westpac Bank solution since 2010, and the CTX OTC trade division Environmental Markets Services. CTX will happily execute trades for non CTX members over the counter (OTC).
“CTX is proud to be leading the world in Business carbon solutions and global innovative Climate Finance” says CEO and Founder Wayne Sharpe – Winner of the EU Fintech Innovator of the Year Award in 2023.
Read more: Carbon Trade eXchange India (CTX India) To Launch
