Tales from the sell side

The Singapore-based Asia Carbon Exchange (ACX-Change) and the Amsterdam-based Climex exchange have been working together in running online auctions for forward contracts of certified emissions reductions (CERs) since November 2005. While Climex looks to aggregate European buyers, ACX-Exchange positions itself as a "sellers' exchange", looking to aggregate sellers and facilitate the trade of carbon assets between informed sellers and informed buyers.

N Yuvaraj Dinesh Babu, director of carbon