Summer Newsletter (Winter is coming?)

August - September 2022 Newsletter Issue #139

Climate Change - it’s HERE and in your face!??

Unless you’ve been living under rock, you’ll see the dramatic impacts of Climate Change escalating like a runaway train on the verge of out of control. Heatwaves, fires, floods, droughts, famine, extinctions, collapsing food supplies – all bigger, badder and uglier than before.

All the things that the UN IPCCC?reports have been warning us about consistently for decades. Yet, despite countries finally agreeing on the final Section – Article 6 (Carbon Trading) of the Paris Agreement at COP26 in Glasgow, the scale of new mining and fossil fuels approvals and development is eye watering. Trillions of dollars have flowed into or been committed to gas, oil, offshore drilling and coal mines around the world. My homeland Australia is so corrupted it has 27 coal mine development approvals on the books, and the hypocritical hosts of COP26, the UK, are about to support fracking, more offshore north sea oil and gas AND even a new coal mine. While many companies are offsetting their emissions or taking genuine action TODAY, it's not enough!

Driving a small portion of corporate profits into the CTX Global Voluntary Market helps fund projects globally trying to stop this runaway train – so support your broker and CTX to help projects and tell companies to act NOW?as 2050 will be too late!??

A Sizzling Summer of Trading Growth?

Breaking trading records in August is something most of the Northern hemisphere doesn’t consider - but that is what CTX did. And most importantly, a flood of new listings - 20 in the first week of September?with a wide variety of credit standards, volumes, project types, vintages and countries?with prices ranging from $1.10 to $47.00.?A quick look at the Trade index on Friday 2nd September COB with all (default) selected shows below.

We will shortly be sending all Members a more detailed trading update on how much value we delivered (in cash) to projects globally, and how we are growing our sensational team to service clients better.??

So, what’s next to light the trading fires and keep summer sizzling into September and beyond?

New Trading Features: these include the new CTX UN CER Gold Standard certified symbol and the Index with last 3 trades fully linked to the Search Functionality.

But the hottest and coolest is the new Request for Offer (RfO)?screen:

Now members can lodge their own Requests – for inventory that is not listed - and the sellers can email CTX operations to advise whether they will or have listed. That functionality will soon be automated. So, if you are a genuine buyer looking for credits not listed just login and post your Request for Offer (RfO).

Check out these?and all the other new features when you next login?at www.ctxglobal.net – we will soon be holding a series of webinars to help buyers and sellers maximise their trading and for the hundreds of new accounts coming in during the second half of 2022.

Latin America – Here We Come!

Fresh from her record-breaking sales results in Barcelona in the past year, Anastasija Popova has relocated to Costa Rica and is already recruiting support staff for our office there. As the newly promoted Head of Business Development North America,?she will drive membership and inventory growth especially from the Latin American countries into the USA and Europe.

Anastasija's move leaves openings in Europe for Sales and Trading so hit us up if you know anyone looking for an exciting new career because we have more leads coming in than we can handle. On that note, apologies if you have sent through an enquiry and we are slow in responding - high growth and profits and good training takes time.

Despite only being there for a week, by the time you read this Anastasija will already be attending the Mexico Carbon Forum?with our fabulous partners at BioCarbon Registry?so if you are there and ready to buy, sell or originate carbon credits - catch up with them please.

Back in London, Jennifer Shung has been promoted to Senior Trading Manager and new support staff are on board in London and Australia. CTX members will meet them all soon.

Universal Carbon Registry (UCR) – India

Carbon credit supply is the greatest challenge to the future growth, so like CTX has always supported small emerging brokers, so too we now support the new emerging Credit Standards and Registries.

When the first Voluntary Carbon Registry was established in New Zealand (TZ1) CTX engaged immediately, and when it was sold to Markit in 2009 CTX was then the first and only VCM Exchange and we developed the first ever electronic interface to trade VCS credits. Much water has flowed under the bridge in the 14 years since - but that slice of history is a window into the future. We saw the future then as we see it now – innovative, entrepreneurs with genuine commitments to a future worth having.

Universal Carbon Registry join our recent partners at International Carbon Registry and BioCarbon Registry as the next generation of carbon credits standards?and registries of the future.

Banks and Multi-Nationals – Ka-ching $$

For the past 12 -18 months CTX has been engaging with multiple major financial institutions and trading houses. It is hard for any Investment Bank to be an exchange member of an unregulated voluntary spot exchange but CTX still had the highest security levels approved by a Major Global Investment Bank last year. Due to their staff turnover, the MS Single Sign On button is sitting in our test platform not yet released to the live CTX exchange.

In future to ensure we go forward at pace, and to allow the trading ‘divisions’ to remain engaged during the DD /onboarding process, GEM & CTX have established a fully operational test version of the CTX platform. This means Banks, Major Financial Institutions, Global Corporations or Stock Exchanges can now have a fully functional test account, with ‘hypothetical’ money and credits, to see exactly how CTX operates before they commit to HOW they will engage. And for Stock Exchanges we will soon have a smart login with their own landing page, and an ambassador revenue sharing model – all about to go live in coming weeks in South Africa, Dubai, Hong Kong and Japan.

PROJECTS OF THE MONTH:

BioCarbon (ex CDM project):?Forestry Restoration in Biological Corridors - Eastern Plains of Columbia

25,000+ Credits @ $4.65

This ‘Dual Approved’ Project for Forestry Restoration in Productive and Biological Corridors in the Eastern Plains of Colombia has as its objective to employ the international carbon market as a key incentive for investments in new commercial forest plantations and restoration of natural forests in the remote High Orinoco region of Colombia. The project is based on changing the use of land from extensive cattle ranching to sustainable forest production systems, restoring natural forest cover, and creating a landscape of biological and productive corridors that produce financial, social and environmental services for the region.

The project was previously issued under CDM and has now reissued their credits in the BioCarbon registry, making them more accessible and clearly outlining the project’s SDGs and charismatic nature.

Verra VCS 00506: Run Of River - HYDRO POWER PLANT PROJECT, TURKEY, Social Carbon co-benefits

250,000+ Credits various vintages starting @$2.63

Run-of-river hydroelectricity?(ROR) or?run-of-the-river hydroelectricity?is a type of?hydroelectric?generation plant whereby little or no water storage is provided. Run-of-the-river hydroelectricity is considered ideal for streams or rivers that can sustain a minimum flow or those regulated by a lake or reservoir upstream. Run-of-the-river projects are dramatically different in design and appearance from conventional hydroelectric projects. Traditional hydroelectric dams store enormous quantities of water in?reservoirs, sometimes flooding large tracts of land. In contrast, run-of-river projects do not have the?disadvantages associated with reservoirs?and so cause fewer environmental impacts.

Located in the Black Sea region of Turkey, this fabulous project helps in reducing the poverty in the area and contribute to the sustainable development goals, and as you can see the river flows right through it.

Gold Standard 4875: India regional WIND ENERGY

13,000+ Credits various Vintages up to 2021 starting at $5.80

Madhya Pradesh is a mountainous state of India which is home to over 80 Million people and about one-fifth of the people in Madhya Pradesh are officially classified as members of?Scheduled Tribes?(a category embracing?indigenous?peoples who fall outside the predominant Indian social hierarchy). To provide such a huge diverse and often socially disadvantaged population with energy is a mighty challenge.

This unique project is a ‘bundled’ or ‘aggregated’ activity involves installation and operation of 5 separate Wind Turbine Generators (WTGs). Of the 5 WTGs 3 have individual capacity 3*2000kW (G97) manufactured and supplied in Turkey by Gamesa Wind Turbines, combined with 2 other WTGs with aggregated installed capacity of 9.5MW.

BUY CREDITS NOW

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.