Thomas McMahon explains how transparent pricing and efficient settlement is key to developing carbon markets
Voluntary carbon markets are an important part of the transition path to a low carbon economy as companies reorient their businesses and technologies. No wonder then that carbon prices have been rising steadily in the carbon exchange that is being built by AirCarbon.
AirCarbon is a Singapore based company building an exchange for the world’s most global commodity : carbon. Using a clever combination of tokens and blockchain technology, it is solving the problem of carbon prices being opaque. It was launched in late October 2020 and even during the pandemic has attracted 200 member clients. The technology allows geographical portability and AirCarbon is helping build an exchange in Rio, Brazil.