MarketsCarbon Market Opportunities in AfricaGreenhouse gas reduction projects represent an entirely new and potentially significant revenue stream for developing African nations The international market for greenhouse gas emission reductions (“carbon credits”) is expanding rapidly and soon will become one of the largest commodity markets in the world. There is a fundamental need for an integrated coordinating body to promote greenhouse gas reduction projects in Africa - the African Climate Exchange (ACX) can fill this critical role. There are several emerging mechanisms for obtaining carbon credit revenues, including the UN Clean Development Mechanism (CDM) and the Chicago Climate Exchange framework (CCX); however, they can be quite complex and require broad expertise to navigate successfully. The ACX can provide the necessary expertise for the entire African Union. AXC’s strategic relationships will benefit African entities by providing direct access to major international market players AXC’s strategic relationships with the Chicago Climate Exchange (CCX), the European Climate Exchange (ECX), and with major carbon credit project developers such Environmental Credit Corp. (ECC), will benefit African entities through direct access and efficient integration to international markets, financing, and sources of technology transfer. Carbon trading fundamentals:
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