Brazil
Press Release

Voltalia, EQAO, ACX and B3: strategic partnership boosts the Carbon Credits market in Brazil

Bnamericas

By Voltalia

June 20, 2024

This is a machine translation of the press release originally published in Portuguese.

Voltalia, one of the largest clean energy producers in Brazil, announces an innovative partnership with the consultancy EQAO and ACX, a global carbon credit trading platform, which recently entered into a strategic partnership with B3, the Brazilian Stock Exchange. Voltalia transacted more than 700 thousand carbon credits for the first time through the ACX platform and recorded this entire volume on the B3 registration platform. The partnership with the consultancy EQAO enabled the certification of carbon credits generated by its wind projects. This collaboration opens new doors for investors interested in making a difference in the carbon market.

Carbon credits represent the reduction of one ton of carbon dioxide (CO2) equivalent emitted into the atmosphere. They play a crucial role in the fight against climate change, enabling companies and individuals to offset their emissions by supporting greenhouse gas emission reduction projects around the world.

Reasons to invest in the carbon credit market

Investing in carbon credits not only supports the transition to a low-carbon economy, but also offers profitable opportunities. With growing awareness about the importance of sustainability, the carbon credits market is on the rise.

By investing in carbon credits associated with Voltalia projects, investors contribute to the reduction of greenhouse gas emissions and the development of local communities through social projects. In addition, they drive the adoption of renewable energy and can achieve attractive financial benefits as the carbon credit market continues to expand.

Voltalia was a pioneer in structuring the sale of its carbon credits through ACX and B3. The partnership between ACX and B3 is innovative, uniting the global carbon credits market with the Brazilian financial market. Through it, Voltalia opened new frontiers and increased the robustness of the transaction”, comments Melissa Sawaya Hirschheimer, commercial manager at EQAO.

" ACX Brasil is dedicated to bringing liquidity to carbon offsets generated within our borders. Our robust platform, in partnership with B3, will allow sellers to access global markets, facilitating efficient and transparent negotiations. This strategic transaction with Voltalia and B3 highlights our commitment to strengthening the carbon market in Brazil and connecting it to our extensive international network. By leveraging our global presence and innovative technology, we are paving the way for more investments in sustainable projects and promoting significant advances in initiatives. of offsetting greenhouse gas emissions ”, concludes Carlos de Mathias Martins Jr., Director of ACX Brasil.

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