ACX Ltd, a distinguished environmental Recognised Investment Exchange and Recognised Clearing House regulated by the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM), has achieved a significant milestone with the inaugural listing of American Carbon Registry (ACR) standard carbon credits on the ACX Carbon Market Board (CMB). Rebellion Energy (RES), a leading carbon project developer, has chosen ACX as its preferred platform for trading and settlement, marking a pivotal moment in the carbon credit trading landscape.
Renowned for its rigorous approach to carbon accounting and commitment to driving sustainable practices, ACR has entrusted ACX with facilitating market access to its carbon credits. This move solidifies ACX’s position as a key player in advancing global accessibility to high-quality carbon credits.
“We are honoured to be the platform of choice for RES in bringing ACR carbon credits to the market. This collaboration strengthens our commitment to providing unparalleled access to high-quality carbon credits. RES’s choice reaffirms our role as the preferred market venue for leading project developers,” said William Pazos, co-CEO and co-Founder at ACX.
Rebellion Energy has listed its inaugural ACR project on the ACX CMB, leveraging the platform’s robust features for seamless trading and settlement. This decision underscores ACX’s reputation as an efficient venue for esteemed project developers like RES.
“As Rebellion opens this important frontier for real methane-abatement projects, it is important to understand the global market for these ACR-issued credits and to do so in a regulated environment. Listing our credits with ACX is the only viable forum to accomplish those objectives,” said Staci Taruscio, Chief Executive Officer at Rebellion Energy Solutions. “We believe these steps we’re taking with this first-of-its-kind, orphan-well plugging project are consistent with what it takes to drive greater worldwide demand for high-quality carbon credits that are transparent, have an immediate impact and are socially conscious.”
ACX’s commitment to sustainability and innovation is showcased through this collaboration, creating an exchange where environmental responsibility meets cutting-edge methodologies. The platform continues to be an influential force in advancing sustainable practices in the carbon credit trading landscape.
