APX VCUs provide greatest supply for Colombia’s Carbon Market
Since the launch of Colombia’s Voluntary Carbon Market, the APX VCS Registry has become the greatest source of qualifying carbon offsets. Columbia is the first national carbon pricing scheme to allow domestic REDD Credits from VCS. It is estimated that demand in this market could reach 30 million VCUs. APX has worked side-by-side with REDD+ project developers. “We are so proud of the work being done in Colombia to focus on forestry and look forward to this ongoing partnership,” said Nick D’Alleva, APX’s VCS Business Manager. In 2018, APX has issued over 3 million VCUs for the Colombian Voluntary Carbon Program. APX VCS projects that are in located in Colombia equal to about 74% of the total VCUs that will comply with this program. Interested to learn more? Contact Nick D’Alleva at ndalleva@apx.com.