Tradable Assets on the ACX Exchanges
ACX applies the principles of a traditional commodity exchange architecture to carbon credits. Traditional commodities (e.g: corn, soybeans and crude oil) trade digital receipts representing commodities held in a warehouse organized around predefined specifications.
Similarly, we offer carbon and other environmental credits as tradable assets. We organize credits around the markets they serve. Credits are held in a trust and for every credit deposited into the trust, a corresponding one tonne (aka a digital receipt), resides on the exchange.
ACX provides a diversified portfolio of environmental assets, some curated by ACX based on evolving market needs, other contracts and subcontracts created in collaboration with partners such as Net Zero Markets.
ACX Contracts
ACX CORSIA
ELIGIBLE TONNES (CET)
Each CET represents a carbon credit that is eligible under the 2021-2023 pilot phase of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)
- Airline
Financials - Brokers
Institutions - Speculators
Fuel Companies
- Projected To Be US $6 Billion P.A.
ACX GLOBAL NATURE
TONNES (GNT) SERIES
The GNT series was created for buyers with a specific focus on nature-based solutions. Each GNT represents a carbon credit generated by a nature-based project
- Voluntary (CSR) Buyers
- Financial Institutions
- CSR Speculators
- Volume In The Forestry And Land Use Sector Grew 264% From 13.9 Mtco2e In 2016 To 50.7 Mtco2e In 2018.
ACX GLOBAL NATURE+
TONNES (GNT+) SERIES
Each GNT+ represents a carbon credit generated by a nature-based project and accompanied by additional certifications for co-benefits achieved
- Voluntary (CSR) Buyers
- Financial Institutions
- CSR Speculators
- Volume In The Forestry And Land Use Sector Grew 264% From 13.9 Mtco2e In 2016 To 50.7 Mtco2e In 2018.
ACX SUSTAINABLE DEVELOPMENT GOALS TONNES (SDGT)
Each SDGT represents a carbon credit accompanied by additional certifications for UN Sustainable Development Goals (SDGs)
- Voluntary (CSR) Buyers
- Financial Institutions
- CSR Speculators
ACX RENEWABLE
ENERGY TONNES (RET)
Each RET represents a carbon credit generated from a renewable energy project
- Voluntary (CSR) Buyers
- Financial Institutions
- CSR Speculators
ACX HOUSEHOLD OFFSET TONNES (HOT)
Each HOT represents a carbon credit that has been generated from an improved cooking solution project
- Contract Specifications:
- Denominations: 1 Tco2e
- Contract Size: 1000 Tco2e (1 Contract = 1,000 Tco2e)
ACX NON-EXCHANGE CARBON TONNES (XCT)
Each XCT represents a carbon credit issued under an eligible Market Registry, which does not meet another ACX contract specification
- Voluntary (CSR) Buyers
- Financial Institutions
- CSR Speculators
- Volume In The Forestry And Land Use Sector Grew 264% From 13.9 Mtco2e In 2016 To 50.7 Mtco2e In 2018.
The GER is a contract designed in partnership with Net Zero Markets to offer a benchmark carbon price for corporate offsetters. It is comprised of four sub-contracts (the BCC, the PCC, the FCC and the CCC) that encompass the voluntary carbon sector, including carbon removal projects.
Contract Specifications:
- Denominations: 1 tCO2e
- Contract Size: 1,000 tCO2e (1 Contract = 1,000 tCO2e)
BASE CARBON CONTRACT (BCC):
The BCC includes carbon credits generated by renewables and energy efficiency projects that have been approved by Verra or Gold Standard.
Contract Specifications:
- Denominations: 1 tCO2e
- Contract Size: 1,000 tCO2e (1 Contract = 1,000 tCO2e)
FORESTRY CARBON CONTRACT (FCC):
The FCC covers carbon credits generated from agricultural, forestry and land use projects that have been approved by Verra or Gold Standard.
Contract Specifications:
- Denominations: 1 tCO2e
- Contract Size: 1,000 tCO2e (1 Contract = 1,000 tCO2e)
PRIME CARBON CONTRACT (PCC):
The PCC covers carbon credits generated by those projects with additional benefits that meet at least three of the United Nations Sustainable Development Goals and have been approved by Verra or Gold Standard.
Contract Specifications:
- Denominations: 1 tCO2e
- Contract Size: 1,000 tCO2e (1 Contract = 1,000 tCO2e)
CARBON CAPTURE CONTRACT (CCC):
The CCC covers carbon credits from projects* that provide long-lived removal of carbon emissions, such as biochar, BECCS and DACC projects, that have been approved by Verra or Gold Standard.
Contract Specifications:
- Denominations: 1 tCO2e
- Contract Size: 1,000 tCO2e (1 Contract = 1,000 tCO2e)
*IN THE ABSENCE OF QUALIFYING LONG-LIVED REMOVALS, EU ALLOWANCES (EUAS) WILL BE ACCEPTED AS A PROXY.
Additional Layer
Of Trust
Every tradable asset on the ACX platforms has been verified and authenticated by our Standards and Registries partners (see Ecosystem) prior to being available for trading. As an additional verification process, ACX has engaged British Standards Institution (BSI), a pioneer in system certifications and ISO training, to perform contract & carbon credit verification. This process provides confidence to clients that the reported information and associated characteristics of an environmental credit are a faithful, true and fair account of the credits in question and shows ACX’ strong commitment to transparency and to a higher level of trust.
