Toronto, ON -- (SBWire) -- 10/16/2015 --Developed as well as developing countries have understood the importance of mitigating carbon emissions. Industries are also exploring ways to adopt suitable strategies for reducing carbon emissions. In this context, the news that Carbon Mercantile Exchange (CMX) is launching its carbon-trading platform across the globe for helping voluntary and compliance markets do bankable carbon credit trading may bring cheer to all the interested parties.
According to Trevor Ducharme, President of CMX, they have signed partnership agreements in 15 countries to serve their private and public clients. He adds that they will be launching trading platforms in all the countries for allowing cross border trading and voluntary carbon offset purchases. This, they believe, will provide a concrete global solution to the problem of carbon emission. Trevor Ducharme points out that most of their clients are operating in several countries and since every country has its own set of regulations pertaining to carbon trading as well as emission reduction strategies, their platforms will provide solutions appropriate for the countries.
At present, CMX will be operating in countries that include Canada, the USA, Colombia, the Netherlands, Australia, Poland, Panama, the United Arab Emirates, Vietnam, China, Argentina, South Korea, Chile, Japan and France. They are planning for more expansions during the later part of 2015.
Ducharme adds, "The timing is perfect and our corporate model was well received by our Global partners. Our clients needed an international solution to adjusting their business to combat climate change and we were very pleased with the response. More and more corporations are adapting an internal price on carbon and implementing measures to lower their carbon footprint. We've made it easier for them to make these changes domestically and internationally. All the attention is focused on the United Nations climate change conference and what regulations will be implemented on emissions and carbon pricing."
The United Nations Conference on Climate Change, that will be the 21st yearly session of the Conference of the Parties (COP 21) to the 1992 United Nations Framework Convention on Climate Change (UNFCCC) and 11th session of the Meeting of the Parties (CMP 11) to the 1997 Kyoto Protocol, will be held in Paris, France, from November 30 to December 11, 2015. The objective of this conference is to find and arrive at a legally binding and universal agreement on climate so they can establish a price on carbon.
About Carbon Mercantile Exchange (CMX)
Carbon Mercantile Exchange (CMX) is launching its carbon-trading platform across the globe for helping voluntary and compliance markets do bankable carbon credit trading. CMX has signed partnership agreements in 15 countries to serve their private and public clients. They will be launching trading platforms in all the countries for allowing cross border trading and voluntary carbon offset purchases.
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