The next generation of carbon trading will allow companies to become carbon neutral using a new online exchange.
Carbon Trade Exchange (CTX) has introduced the ‘world’s first global spot electronic exchange’ for Voluntary Carbon Credits, describing it as ‘fast, transparent and efficient’.
Voluntary Emission Reductions (VERs) are legitimate emission offsets, which are purchased by companies not regulated under the EU ETS (Emission Trading Scheme).
VERs are not regulated under the UN Clean Development Mechanism (CDM), but verified by independent third party standards, such as Voluntary Carbon Standard and Gold Standard, says CTX