- Location: Santiago
- Sectors:
- By: Chile
- Type: National
- More information
Through a clear methodology, the SCX will provide access to any individual interested in carrying out CO2 emission reduction projects, to issue carbon credits and simultaneously will allow companies to reduce their emissions through a cap and trade market. The creation of the SCX clearly delivers relevant information such as supply and demand, and the transaction price of CO2 equivalent (CO2-e) reduction tonnage, while providing traceability in the transacted reduction certificates. The SCX is a non-mutual exchange, that is, brokers that operate and transact on it are not required to be registered shareholders. Transactions are allowed for a wide group of participants, from large corporations to individuals. In the long term, instruments such as derivatives are expected to be available, just as in developed markets.
