CTX September Newsletter | Issue #154

Aviation Carbon Exchange (A.C.E.)?

Business Aviation gets a new buyer platform with CTX and IBAC?

Three years ago, International Business Aviation Council IBAC?and CTX?announced their partnership. Now, this innovative relationship has been extended,?and together, we have formed a new innovative offset platform housed at our new?https://offsetflights.com/?to satisfy smaller operators who cannot justify joining CTX as members.

Populated with a ‘curated’ smaller list of high-quality CTX listed projects and credits, the core target is smaller operators whose offset requirements would be 100 - 5,000 tons per month (or year). This ‘Buy to Retire’ ACE platform features a regularly changing list of CTX listed inventory with a B2B ‘retail’ margin – so no membership is required to join CTX.

Buy what’s needed as needed in the budget - the minimum purchase is still 100 credits (offsets) and can be done ad-hoc with a credit card. High-quality certified credits, with offset certificates via CTX as always, and profits are split with IBAC to help support their industry-wide transition to genuine action now as ongoing achievable reductions take place - ?read more Business Aviation Carbon Offsetting.?

The world knows that SAF fuels are in short supply, so emissions reductions are difficult in any aviation – we think unachievable in the case of the commercial airlines-driven CORSIA ‘greenwash’ scheme. IBAC and its global network of Business Aviation Associations have taken a direct-action view to recognise offsetting as a key tool in immediate global reductions.

CTX proudly supports Dual CTX and IBAC members like DC Aviation?and Nike Aviation?in making a direct impact today. You can expect to see regional Airports and fuel suppliers soon using the brand SAFneutral ? when they have offset fuel supplies and SAFneutral+ for offset SAF.

Watch out for the next adventure, which will be a new ‘Docking Page’ for shipping at?https://shipcarbon.com/

Global Carbon Registry?? ?

First project Blue Carbon in Europe issued and listed for sale

New Investors onboard and more to come after GCC deal falls over

Blue Carbon is super important to all Coastal Ecosystems for so many reasons, and none more so than Venice in Italy. Having initially registered with a Local Government Registry, the Valle Paleazza Blue Carbon Project de-registered there to become the first project to register and issue credits via Global Carbon Registry (GCR).?

Despite months of efforts, GEM and GCR were unable to complete the sale of GCR to Qatar-based GCC, so the contract is terminated along with all ‘relationships’ other than GCC remaining a minority shareholder in GCR. So GCR will now issue our Trademarked Global Carbon Credits ? and ITMOs.

Thanks to a new London-based Series B Investor, GCR has expanded its team and has a Series C Round due for Late September, which will exponentially expand the team in line with a large pipeline of project registrations (predominantly renewables) and issuances in Q4 of 2024 and beyond.

Finally, GCR has launched its National Sub-Registry solution, which it will offer to certain qualifying nations with ZERO upfront fees and the option to ‘upgrade’ to the GEM National Carbon Meta-Registry solution once their domestic and international market matures. For information, email?[email protected]? ??

Multiple Daily Trades – CTX Defies the Market Gloom ?

If you read industry news the Global Voluntary market has hit rock bottom. Of course, CTX has seen the size and value of trades drop overall but has had constant daily multiple transactions in July and August - some of 100,000+.

We have also seen a big increase in OTC trades via our Brokerage division Environmental Market Services. The ability to supply from hundreds of projects listed on CTX means we can supply pretty much anything a buyer could want at the best B2B OTC prices, because we back-to-back off the CTX platform for non-members to keep margins low.

And if we don’t have what’s needed, we have a global reach to source it for members to buy - so we do OTC inbound, escrow the credits. then list them onto CTX for CTX member buyers to ‘lift’’ credits they requested at a miserly 2% buyer fees ‘premium’.

The biggest real benefit is the CTX OTC Exchange Cleared Trade where if the buyer or seller brings us the deal to clear and settle (both sides) we will complete the trade for HALF the normal CTX fees. That means back-to-back fees of only 3.5%! We have one under contract now for over $5 Million. For more information contact?[email protected]

Rating the Ratings – Survey Results

The VCM industry has been inundated with new ‘Quality’ ratings

Given the huge amount of money they have raised and spent, this seemed like supply push’ not industry demand. Most ratings services claim they exist because of buyer demand, but where are these ‘buyers’- who are they really? We have the technical capability to put additional symbols onto the CTX platform, but will it impact buyers? For example, despite having only two projects that qualified for the new ICVCM accreditation symbol, they sold out in a week.

Now we have a handful of listings with our iCVCM ‘green tick’ that are selling consistently. So, CTX decided to ask our CTX clients and the VCM Industry at large to give us feedback and the results surprised us.

Projects of?the Month

1.?Global Carbon Registry

Carbon Capture and Storage (Blue Carbon)

10 SDG’s | Italy (Europe) | EUR €7.00

Blue Carbon: Nature Based Carbon Capture and Storage

Coastal ecosystems host the important bio-systems and ecosystems worldwide, including at risk Wetlands and Mangroves; being simultaneously some of the most economically relevant and vulnerable ecosystems on Earth. These Coastal ecosystems, such as salt marshes, seagrass meadows and mangrove forests, provide fundamental Ecosystem Services. Coastal ecosystems provide a unique natural landscape, enhance biodiversity, support commercial fisheries, protect coastal regions against erosion and storms, provide ecotourism revenues, and act as efficient natural carbon sinks, helping to offset CO2 emissions and fight climate change. All contributing to a sense of place.?

Coastal ecosystems are highly efficient at capturing and storing carbon dioxide CO2 from the atmosphere. They sequester carbon at rates that can be several times higher than terrestrial forests. By protecting and restoring these ecosystems, we can effectively reduce the concentration of CO2 in the atmosphere, which is crucial for mitigating climate change. The Italian “Valle Paleazza” project is a temperate H.C.W. (human controlled wetland) area. Since 2010 many organisations are involved in projects to generate “Blue Carbon” from these temperate areas and provide a means to conserve and restore coastal ecosystems, sequester carbon, support biodiversity, protect coastal communities, and offer economic benefits, all while contributing to global climate change mitigation efforts.

Buy credits now

2.???CDM UNFCCC

Animal Waste Handling and Disposal

10 SDG’s | Latin America (Mexico) | USD $3.35

Livestock methane is a big issue in Western nations, with certain governments calling for the culling of Animals to reduce it. This is entirely unnecessary using modern technologies and this project involves Agricultural Methane Avoidance from Livestock, in the beautiful ancient lands of the Yucatan Peninsula in Mexico The swine farms provide an important source of jobs and reliable income for the inhabitants of these rural areas where historically job opportunities are scarce. Now this project creates a win-win-win.??

Through the installation of biodigesters in these farms, the capture and further destruction of methane – a powerful GHG component - is now possible. Also, a proper treatment of effluents and its final use in irrigation is achieved. Further on, these components work on the elimination of odours and disease transmitting insects, such as certain types of mosquitoes, flies and other health-concerning vectors.?

Thanks to the UNFCCC Clean Development Mechanism and the unique CTX Partnership, these farms can finance installing components to achieve sustainable operations, helping to preserve fragile natural resources such as the maya jungle ecosystem and underground water bodies while maintaining food supply. There is also an improvement in health conditions of the farm workers and communities located in its vicinity.?

These farms have achieved a total of 306,992 tCO2e GHG Emission Reductions which will help finance continued improvements and sustainable operations.

Buy credits now

3.??Verra VCS

AFOLU - IFM

3 SDG’s | China (Asia) | GBP $1.80

How to stop destruction of forests? This International Forest Management (IFM) Project involves the?conversion of 23,769.42ha of a previously logged forest into a Protected Forest in Hongshan County, Suizhou City, Hubei Province of China within an area of 302,800ha.?

Before its implementation the trees were logged under a government-approved timber management plan. As one of the most precious ecological resources, forest is the key to biodiversity and all life forms. The protection of local forest will enrich the biodiversity and provide more opportunities for adaptive response to natural challenges and economic development (e.g. climate change). The project activity will result in significant carbon sequestration and contribute to the environment through biodiversity conservation and soil erosion control.?

The estimated emission reduction of the project activity is 8,101,437 tCO2 in a period of 30 years.

Buy credits now

4.?? Verra VCS

Construction

3 SDG’s | United States (North America) | USD $8.25

Roads and infrastructure development are an unavoidable part of the modern world , and more than 97% of roadway construction relies on energy-intensive methods. The conventional methods are highly energy-intensive and contribute greatly to GHG emissions. The status quo involves mining raw aggregates, transporting them to asphalt plants, mixing them with binding agents, heating them at high temperatures to later transporting them to construction sites.This project utilises "urban quarries" by recycling existing aggregates already present in 150 lane miles on I-64 in Williamsburg, Virginia. By recycling pavement materials on-site, the project eliminates the need to mine and transport virgin aggregates, reduces transportation emissions, and lowers energy consumption compared to traditional hot mix asphalt (HMA) production, which is carbon intensive.?

The estimated total GHG emissions reductions account to 133,103 tCO2.

Buy credits now

Can’t Find What you Like Above?? CTX Listings?30th August 2024

OTC Buyers - please?email?[email protected]

CTX Members – if you have any questions, please email?[email protected]

Thank you all for your contributions to help save?the planet for our future generations.