KRX is currently preparing to launch the KRX Carbon Credit Market, in addition to its compliance carbon market established in 2015, with the goal of building a comprehensive carbon market and becoming a leading carbon market hub in Asia.

Through this MOU, KRX aims to expand its network with global carbon markets and explore the potential for linking its trading system with CBL. Furthermore, upon the launch of the carbon credit market, KRX plans to explore ways to invite funds from overseas institutions to the domestic market, thereby enhancing market liquidity. In addition, KRX plans to build various infrastructures to allow corporations to efficiently access and trade high-quality overseas carbon credits through its trading platform.

The artificial intelligence boom and the data center supercycle reshaping global power markets are driving massive growth in renewable energy credit (REC) and carbon offset demand, particularly involuntary markets like Florida and emerging international jurisdictions, according to Xpansiv CEO John Melby.

In an interview with NPM, Melby said surging electricity consumption from hyperscale data centers is upending the long-standing assumption of flat or declining power demand in the US and is accelerating the need for flexible clean energy tracking tools across continents.

“Data centers are fundamentally changing the demand curve in energy markets,” Melby said. “And that demand is for clean energy.”

“We operate the technology infrastructure for the global environmental commodity markets.
“These markets are used by companies, state and national governments, and other organizations to support their decarbonization, sustainability, and energy transition programs.”

“Specifically, Xpansiv operates the end-to-end infrastructure supporting global markets in carbon and renewable energy credits (RECs), as well as alternative fuels, recycled plastics and other, emerging asset classes. Our infrastructure enables users to manage environmental commodities from issuance to retirement, so across their full lifecycle. The company operates leading registries, transparent spot exchange and settlement mechanisms, a global market intermediary platform, and a market data business, and these are integrated into one digital ecosystem.”

As clean energy demand accelerates, companies are rethinking how they meet ambitious climate targets—and Renewable Energy Credits (RECs) are at the center of that shift.

In Environment+Energy Leader, John Melby outlines why RECs are gaining new relevance: not just for annual reporting, but for aligning clean energy use with real-time operations, enabling more transparent claims, and supporting the infrastructure needed to scale clean energy access. outlines why RECs are gaining new relevance: not just for annual reporting, but for aligning clean energy use with real-time operations, enabling more transparent claims, and supporting the infrastructure needed to scale clean energy access.

The main global industry body for airlines will hold “regular” sales events for the sale of carbon credits eligible for the UN’s Corsia decarbonisation initiative, it said Wednesday, confirming that its members have paid $21.70 per credit from Guyana’s jurisdictional REDD+ scheme during the first round of transactions.

“IATA, via the Aviation Carbon Exchange (ACE) intends to host quarterly Corsia EEUs [Eligible Emissions units] procurement events for airlines in 2025, with the next event being held alongside Guyana and Mercuria in Q1,” IATA said in a January 22 statement.

ACE is an EEU sales platform offered in partnership with environmental markets technology provider Xpansiv.

Eco-Energy has expanded its renewable fuel emissions book and claim programme to include biodiesel and renewable diesel, allowing producers of lower carbon intensity fuels to sell on excess emissions saving to corporate end-users.

The new Transport Emission Reduction Certificates will be added to existing ones for fuel ethanol and will be issued, transacted and retired through a registry run by Xpansiv.