ACX
ACX is a proprietary exchange platform built for the streamlined transaction of environmental assets.
ACX operates the world’s first recognized investment exchange for environmental instruments in Abu Dhabi. It caters to corporates, financial traders, carbon project developers, and other industry stakeholders. ACX provides participants with an efficient and transparent trading platform that is user-friendly, seamless and offers the lowest transaction fees in the market. Leveraging distributed ledger technology, ACX facilitates and scales growth of the environmental product markets to align with global ambitions of achieving net zero.
- FOUNDED IN: 2019
- SECTOR: FINTECH
“Once ACX’s clearing house is operational, it will provide companies across the world access finance by using their carbon holdings as collateral. If global ambitions for climate are to be met, carbon credits will have to become a larger asset class than oil! And if the UAE continues to work with ACX to build the wider carbon ecosystem, then it will become one of, if not the, major trading centers of the world for carbon credits.”
Click here to see the full Future 100 list.
ACX operates the world’s first recognized investment exchange for environmental instruments in Abu Dhabi. It caters to corporates, financial traders, carbon project developers, and other industry stakeholders. ACX provides participants with an efficient and transparent trading platform that is user-friendly, seamless and offers the lowest transaction fees in the market. Leveraging distributed ledger technology, ACX facilitates and scales growth of the environmental product markets to align with global ambitions of achieving net zero.
- FOUNDED IN: 2019
- SECTOR: FINTECH
“Once ACX’s clearing house is operational, it will provide companies across the world access finance by using their carbon holdings as collateral. If global ambitions for climate are to be met, carbon credits will have to become a larger asset class than oil! And if the UAE continues to work with ACX to build the wider carbon ecosystem, then it will become one of, if not the, major trading centers of the world for carbon credits.”
Click here to see the full Future 100 list.
