Carbon Trade Exchange joins Caring for Climate initiative

Carbon Trade Exchange (CTX) is proud to announce its endorsement for the Caring for Climate initiative, becoming an official signatory this week.

The climate change crisis has risen to the top of the international agenda with growing public concern and CTX is now part of the largest global business movement to address the issue.

With Caring for Climate, the UN Global Compact, the UN Environment Programme (UNEP) and the secretariat of the UN Framework Convention on Climate Change (UNFCCC) seek to:

Passionate about climate change and protecting the planet for future generations, Wayne Sharpe, CTX Chairman and Founder said “Climate change is the greatest risk and the greatest opportunity of this century. CTX was designed, developed and exists for the support of carbon pricing and is the only global exchange for all major international carbon standards. The CTX Exchange provides technology platforms and infrastructure for carbon markets to operate efficiently and effectively, both compliance and voluntary.”

CTX’s CEO Baden Wright added “As a global leader in the environmental exchange sector, our team are dedicated to showing leadership on such a critical issue and providing technology infrastructure which supports a more efficient and low-carbon economy.”

CTX encourages all businesses within Australia and around the world to follow their lead and support the Caring for Climate initiative.

About Carbon Trade Exchange

CTX operates spot exchanges in multiple global environmental commodity markets, including carbon, renewable energy certificates (RECs) and water. CTX is currently operating in Australia, the EU and the US, with the ability to expand into other jurisdictions and markets. The CTX Trading Platform uniquely interfaces with multiple environmental commodity registries, including APX, Climate Action Reserve, American Carbon Registry, VCS, Gold Standard and the Australian REC Registry. It also electronically links to financial intermediaries, such as Westpac in Australia, to provide efficient trading across multiple markets.

For further information, please visit www.ctxglobal.com.

About Caring for Climate

Launched by the UN Secretary-General Ban Ki-moon in 2007, “Caring for Climate” is the UN Global Compact, the UN Environment Programme and the secretariat of the UN Framework Convention on Climate Change‘s initiative aimed at advancing the role of business in addressing climate change. It provides a framework for business leaders to advance practical solutions and help shape public policy as well as public attitudes. Chief executive officers who support the statement are prepared to set goals, develop and expand strategies and practices, and to publicly disclose emissions as part of their existing disclosure commitment within the UN Global Compact framework, that is, the Communication on Progress – Climate. Caring for Climate is endorsed by nearly 400 companies from 60 countries.

For further information, please visit www.caringforclimate.org/.