Digital carbon marketplace CTX hits one billion tonne trading milestone

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🗞️ Driving the news: Digital carbon marketplace Carbon Trade Exchange (CTX) has surpassed one billion tonnes of CO₂ equivalent traded since its launch 18 years ago, marking a major milestone for voluntary carbon market infrastructure
• The London-based platform connects companies, brokers, NGOs and project developers buying and retiring carbon credits

🔭 The context: CTX operates as a 24/7 digital spot marketplace, facilitating transactions across projects in more than 60 countries
• The platform supports credits issued under major standards including Verra’s Verified Carbon Standard, Gold Standard, the UN Clean Development Mechanism and the Global Carbon Registry
• The milestone comes as carbon markets face renewed scrutiny over transparency, quality and their role in corporate climate strategies
• Digital platforms are increasingly seeking to make carbon credit purchasing easier, more traceable and scalable

🌍 Why it matters for the planet: Well-functioning carbon markets can help channel private finance toward emissions reduction and removal projects, particularly in sectors and regions where direct decarbonisation remains difficult
• However, experts continue to stress that credits should complement, not replace, companies’ own emissions reductions

⏭️ What’s next: CTX is expanding its infrastructure through new digital tools, including an API that would allow businesses and service platforms to integrate carbon credit purchasing and retirement directly into their systems
• The company also sees growing relevance for carbon markets as countries implement Article 6 mechanisms under the Paris Agreement.

💬 One quote: “The work now is to make access to quality carbon credits more transparent, practical and scalable worldwide.” - Wayne Sharpe, Founder and CEO of CTX

📈 One stat: 1 billion tonnes of CO₂e have been traded through CTX since its founding, with transactions spanning projects in more than 60 countries

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