African Climate Exchange (ACX) is an African based company that was created in 2005 to help African countries with a visionary dual objective to:
facilitate project management development actions in the African Union (AU), initially focusing in Ethiopia, to establish sustainable renewable energy projects and business enterprises leading into Green House Gases (GHG) emissions reductions; targeting ultimately through registered 'Clean Development Mechanism' (CDM) projects an 1% reduction in GHG emissions until 2015 for each of the AU countries.
establish sustainable renewable energy projects for the AU, initially focusing in Ethiopia, that have as objectives to increase regional employment, improve the skills base and promote local manufacturing in AU energy sector business enterprises developed and run by AU citizens, which ultimately target until 2015 the delivery of 1% of the total energy needs for each of the AU countries.
ACX was created to promote sustainable development in Africa through projects that reduce greenhouse gas emissions.
ACX will serve as a clearinghouse for the development of greenhouse gas reduction projects in Africa; its main roles and benefits include:
Capacity building
Project evaluation and approval
Project finance
Project management and oversight
Market facilitation
ACX is designed to facilitate the participation of the key entities involved in the development of African GHG emission reduction projects, including:
African local and national governments
African business operators and promoters
International businesses and technology providers
International development funds and other sources of finance
Carbon markets
NGO’s and others concerned about sustainable, environmentally beneficial development
ACX provides flexibility in matching project goals and needs with the appropriate market frameworks, including:
UN Clean Development Mechanism (CDM)
Chicago Climate Exchange Offset Program (CCX)
Contact us now for more information or to tell us about your project concepts.