Introduction

Asia Carbon Exchange (ACX-Change™) – the world's first CDM based online trading platform is central to the Carbon Asset Management Services provided by ACG. With the view to optimize revenues to Project Owner from the transaction of CERs, CERs managed by ACaDF™ are placed for sale through the transparent and robust ACX-Change™ platform.

ACX-Change had successfully carried out several online carbon trading events since November 2005 with over 4.6 million carbon credits transacted, creating a liquidity of about €43 million for the Project Owners.

The projects traded at the past auctions have been sourced from renewable energy sector such as Hydro, Wind, Biomass and Waste to Energy Projects. Buyers include both compliance and non-compliance parties from Europe, USA and Japan. On the Sellers’ side, the CDM Projects that traded CERs at the ACX-Change have been of Indian, Sri Lankan, Vietnamese, Brazilian, Chinese and Korean Origin.

Asia Carbon Global launched the trade of VERs in its platform during May 2007 and the first auction was conducted in June 2007. Thereon, ACX-Change conducts regular auction of VERs.

VERs offered in the platform come from India, China, Indonesia & the USA, arising from Renewable energy, Fuel switch and Energy Efficiency projects. These VERs comply with different standards such as VCS, VER+ and CDM.

The VERs volume transacted has thus far created additional liquidity of about €508,071 in the Voluntary Carbon Market , equivalent to approximately 134, VERs.

How it works

ACX-Change operates a non-regulated, rules-based exchange that is governed by participants on the exchange, offering climate-change mitigation-related products which ensure environmental integrity and eventually moving into contracts that trade in regulated financial instruments.

The criteria for a project to be listed on the exchange for trading is a completed PDD through which the Buyers and Sellers can conduct their own respective due diligence. Thereafter, Both the Buyers and Sellers sign a Participation Agreement. At the moment, ACX-Change™ charges only a nominal Auction Transaction Fee (ATF) for its services, which is success based.