The JSE Ventures on November 9 launched a new Voluntary Carbon Market in partnership with global environmental markets infrastructure provider Xpansiv.
This initiative will enable local participants to trade carbon credits and renewable energy certificates held in local or global registries.
The JSE Ventures Voluntary Carbon Market is aimed at accelerating the creation of carbon offset projects and at helping to meet the demand for credits by emitters seeking to offset their emissions.
The platform aims to provide a transparent ecosystem that will promote the growth of the market,
providing access to a global platform to buy or sell carbon credits and renewable energy certificates; allows request for price, auctions and spot trading; has simplified processes and speed of transaction; enables improved price discovery; and the aggregation of credits from multiple players
.