Global Environmental Markets Joins the Carbon Pricing Leadership Coalition
Global Environmental Markets (GEM) has joined the Carbon Pricing Leadership Coalition (CPLC), which brings together leaders from across governments, the private sector and civil society to share experience working with carbon pricing and to expand the evidence base for the most effective carbon pricing systems and policies.
“We have long argued that if businesses want to be sustainably profitable and maintain a corporate reputation that is world class, then they need to take a leadership position on pricing carbon. We are delighted to be part of the CPLC”, said GEM’s founder and chairman, Wayne Sharpe.
He continued: “Since launching its Carbon Trade eXchange platform in 2010, GEM has been actively engaged with governments, business and civil society organizations to encourage the uptake – and implementation – of carbon pricing policies”.
GEM is committed to furthering the CPLC’s goals: strengthening carbon pricing policies to increase capital flows for climate finance; bringing forward and strengthening the implementation of existing carbon pricing policies to better manage investment risks and opportunities; and enhancing cooperation to share information, expertise and lessons learned on developing and implementing carbon pricing through various "readiness" platforms.
About Global Environmental Markets
GEM develops and operates electronic exchange trading platforms that facilitate fair, orderly and transparent marketplaces for environmental commodities. Its first platform, Carbon Trade eXchange (CTX), is the world’s first spot exchange for voluntary carbon offsets and renewable energy certificates. Using direct registry and banking connections, CTX provides efficient and effective real-time trading to buyers and sellers all over the globe.
GEM has a proven track record of designing, developing and operating web based exchange systems that suit any markets needs – from listing new products and disseminating market knowledge and information to facilitating trading and providing world class real time clearing and settlement.