Singapore-based carbon buying and selling platform, ACX, is seeking to handle one of many key inefficiencies in voluntary carbon markets opaque pricing.
In January, it launched a brand new World Emission Discount GER contract, in partnership with environmental contract developer, Web Zero Markets, and the German-based European Power Trade EEX.
The alternate has seen regular buying and selling exercise since its launch on the finish of June 2022, with trades ranging between $7 and $8 a tonne, mentioned William Pazos, managing director and co-founder of ACX, in a latest interplay with FinanceAsia.
Voluntary carbon markets enable corporations to offset unavoidable emissions from their operations…
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