Combine Ultra High Quality with extraordinarily low priced CERs
Corporate Budgets need big diversity Portfolios: The CTX search functionality is designed to help brokers / corporate buyers hit all offset criteria. Project Type, Nation /Region, SDGs, Credit Standard or even vintage, plus many of the co-benefits. But an offset portfolio may mean a combination of these to meet the ultimate hard line – Budget.
The recent plunge in price for CDM and CTX CERs has nothing to do with the ‘quality’ of the offsets diminishing as we outline in the story below. But for Buyers it creates a unique portfolio opportunity that won’t last forever.
The concept of a Portfolio is to achieve Carbon Neutrality within a budget without compromising the other core requirements of the end buyer (off setter).
CTX has also multiple recent listings of high-cost High Quality Credits with more charismatic ‘features’. Using the Portfolio approach also minimises any risk of negative media (true or untrue) on sectors or project types
Plus using Dollar- Cost Averaging principles you can purchase more of the cheaper CER credits so you can include the other more expensive credits that are ‘perceived’ higher quality. The CTX Trading team can help build this portfolio like these below.
CDM CERs – Last Window of Buyer opportunity
Hundreds of thousands available under $1.00 for scale buyers.
In case you missed the previous messages CTX is the only Exchange partner of the UNFCCC CDM Registry which the UNFCCC announced is closing later this year, and hundreds of projects are migrating to the new ‘Article 6 Registry’. However, it appears that to migrate the credits must be issued, meaning fees paid to the current CDM Registry of $0.20 per credit, so potentially $hundreds of thousands for some larger/older projects – and the ‘migration’ Costs are unclear. More importantly the Host Nation must do many operational support tasks and documents, including its Letter of Authorisation (LoA). Recent experience has shown these LoA’s have been increasingly difficult to obtain with politics and changing governments or rules intervening. Dealing with this ‘migration’ is costly for projects in time and money, and as the Koko collapse showed risky as well, and there does not appear to be any genuine Buy Side Nations demand for ITMOs (Article 6 ) credits, so many are reconsidering incurring further costs and simply want to ‘sell their inventory’ .
Article 6 credits (specifically under 6.2) and ITMOs are generally used interchangeably to describe emissions reductions authorized for international transfer. ITMOs are the specific unit of trade for 6.2, requiring a “corresponding adjustment” to prevent double counting. However, not all Article 6 credits are identical; 6.4 credits (A6.4ERs) become ITMOs only when authorized for transfer.
Key Details on Article 6 Credits vs. ITMOs
Definition: ITMOs (Internationally Transferred Mitigation Outcomes) are the official, authorized units transferred under Article 6.2 of the Paris Agreement.
Authorization: For a credit to become an ITMO, the host country must authorize it via a Letter of Authorization (LoA), confirming it won’t be used for their own NDC.
Mechanism Differences:
Article 6.2: Decentralized, bilateral, or multilateral trading of ITMOs.
Article 6.4: A centralized UN-supervised mechanism that issues credits, which become ITMOs only if authorized for international transfer.
Double Counting: Both require a “corresponding adjustment” (CA), where the host country adds the reduction back to its national inventory to prevent the emission reduction from being counted twice.
In addition, there are almost 100 documents needed to this New Article 6 Registry being developed by an Australian company (GEM Competitors) who built the new Australian National Registry – which is VERY similar to the old one.
CTX CERs – Last Window of Buyer opportunity
CTX Floor price to $0.30 cents for scale buyers.
In case you missed the Christmas message this opportunity has continued and escalated into 2026.
CTX Members can use the “Negotiate Price” feature to make an anonymous offer for larger Volumes (partial purchase of the listing).
For information or support in relation to CTX Membership, contact operations@ctxglobal.com
To Buy OTC or to establish CTX OTC Exchange cleared trades, contact trading@ctxglobal.com
Projects of The Month
We are pleased to share our larger volume multi‑project, multi‑standard listings to the market, offering more than 1.6 million tonnes of verified emissions reductions across Asia, MENA, and the Caribbean. This brings together a diverse mix of hydro, wind, renewable energy, and industrial gas mitigation projects, providing buyers with both scale and flexibility at competitive pricing.
As organisations continue to advance their climate commitments, access to reliable, high‑quality volume has become increasingly constrained. This portfolio reflects our commitment to expanding the availability of credible climate solutions and supporting clients in planning their decarbonisation pathways with confidence. By consolidating large volumes across trusted standards and geographies, we aim to make it easier for corporates to secure the supply they need while maintaining the integrity and impact of their sustainability strategies.
Global Carbon Registry
CX89 Low‑Carbon Fuel Blending Project (6 SDGs)
USA – $18.00 (NP) Oka Insured
CX89 is a unique BioFuels blending methodology created by 1089 Inc. for GHG Emission Avoidance Through Low-Carbon Fuel Blending at U.S.-Based Fuel Blending Facilities. The first Project is Protec 001, a next-generation, data-driven decarbonization initiative that transforms everyday fuel blending into high-integrity, insured voluntary carbon credits. By replacing conventional gasoline with certified low-carbon ethanol blends, the project generates measurable lifecycle CO₂e reductions across U.S. transportation markets—turning a routine operational process into a powerful climate solution.
Each carbon credit is built on a foundation of uncompromising data integrity and transparency. Credits are verified using U.S. Environmental Protection Agency EMTS transaction data and quantified through Argonne National Laboratory’s GREET 1.0 lifecycle model, one of the world’s most respected carbon accounting tools. This rigorous methodology ensures that every tonne of avoided emissions is accurately measured, traceable, and market ready.
The project is further strengthened by a robust digital MRV (Monitoring, Reporting, and Verification) framework, including quarterly EPA reconciliations and independent third-party attestations. Together, these safeguards eliminate the risk of double-counting and establish a new benchmark for credibility and trust in the voluntary carbon market.
With approximately 14.75 million gallons of low-carbon fuels blended annually, the initiative not only delivers significant climate benefits but also supports the growth of domestic biofuel supply chains and cleaner transportation energy systems.
VERRA
Tsetsii Wind Project – SDG 4,7,13
Mongolia – US$1.80 (NP)
The “Tsetsii” Wind Farm, Mongolia’s first wind power facility on the edge of the Gobi Desert, is the only project in the country currently registered under the Verra Verified Carbon Standard (VCS). Located in the South Gobi Desert and connected to the Central Electrical Transmission Grid, the Project displaces coal-based electricity generation, preventing approximately 175,000 tonnes of CO2 emissions annually.
Beyond its emissions impact, the project serves as a vital land-use safeguard. The presence of the wind farm prevents the physical expansion of adjacent coal mining operations, helping to preserve the natural landscape from further industrial encroachment. The Project provides essential support to local herder families and the broader community, particularly during harsh winter conditions, while actively promoting access to higher education for disadvantaged children.
Gold Standard Registry
Cookstoves Energy efficiency (3 & 4 SDG’s)
Uganda – US$1.95 – $8.92* (*Clean Water)
These projects deliver transformative clean cooking solutions to rural communities through the distribution of thousands of Improved Cookstoves (ICS) across multiple districts in Uganda. Designed to replace traditional three-stone cooking fires, this initiative empowers families with modern, efficient technology that dramatically reduces firewood consumption and improves daily living conditions.
For many households in the region, cooking with open fires requires significant time spent gathering firewood—often placing additional strain on families and local ecosystems. By introducing high efficiency cookstoves, the project not only reduces the burden of fuel collection but also plays a critical role in combating deforestation and land degradation caused by unsustainable wood harvesting.
The environmental impact is equally significant. Traditional firewood combustion is a major contributor to greenhouse gas (GHG) emissions, accelerating climate change. The improved cookstoves reduce fuel demand and emissions, creating measurable climate benefits while supporting global sustainability goals.
Beyond the environmental gains, the project delivers profound health and social benefits. Traditional cooking methods expose families—particularly women and children—to harmful smoke and indoor air pollution. The introduction of cleaner, more efficient cookstoves significantly reduces household air pollution, creating safer homes and healthier communities.
By combining climate action, environmental protection, and community well-being, this initiative represents a powerful step toward sustainable development and energy access for thousands of families across Uganda.
For OTC Buyers contact trading@ctxglobal.com
CTX Members – if you have any questions, please email operations@ctxglobal.com
Thank you all for your contributions to help save the planet for our future generations.
