APX is a leading infrastructure provider for environmental markets in greenhouse gases including carbon commodities. These commodities include emissions allowances and carbon offsets, sometimes called Verified Emission Reductions (VERs), Emission Reduction Units (ERUs), Certified Emission Reductions (CERs), Verified Carbon Units (VCUs), or Carbon Reduction Tons (CRTs). Users of these systems include all key market participants such as project developers, brokers, corporations, NGOs and government organizations. Last year more than 50% of global VERs were issued on APX supported registries. APX greenhouse gas and carbon market infrastructure systems include:
The Reserve provides a web-based platform and account management tool for the registration, serialization, tracking, and retirement of greenhouse gas offsets. Access to The Reserve is available to the public for information on registered projects and to account holders including project developers, retailers, financial services, corporations and policy makers. GHG emission offsets attributable to projects that are verified in accordance with registry protocols can be banked, sold, traded, and/or retired in the voluntary market. In December 2012 the Reserve was approved by the California Air Resources Board (ARB) as an Offset Project Registry, allowing the Reserve to issue and track offset credits which could then be transitioned to the ARB Cap-and-Trade compliance program.
The American Carbon Registry, an enterprise of Winrock International, is a leading voluntary offset program with strong standards for environmental integrity and transparency. The American Carbon Registry provides an electronic registry system for Members to transparently register serialized offsets as well as record the purchase, sale and retirement of project-based offsets, branded as Emission Reduction Tons (“ERTs”). In December 2012 ACR was approved by the California Air Resources Board (ARB) as an Offset Project Registry, allowing ACR to issue and track offset credits which could then be transitioned to the ARB Cap-and-Trade compliance program.