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Home  >  Fundamental analysis  >  World exchanges  >  Chicago Climate Exchange (CCX)

Chicago Climate Exchange (CCX)

Chicago Climate Exchange (CCX) is North Americas only, and the worlds first, legally binding multi-sectoral, rule-based and integrated greenhouse gas emission registry, reduction and trading system CCX members reflect a cross-section of major public and private sector North American entities, including Abitibi-Consolidated, Manitoba Hydro, Ford Motor, International Paper, IBM, DuPont, American Electric Power, cities such as Chicago, Oakland, California; Boulder, Colorado, Portland, Oregon and the State of New Mexico as well as non-industrial environmental innovators such as World Resources Institute, and the Rocky Mountain Institute. CCX now has members globally, including, Beijing Shenwu Thermal Company, a leading Chinese provider of energy reduction technologies. Emissions reductions achieved through the CCX market are significant in scale and impact.

CCX Members gain practical experience by building an efficient emissions management and monitoring system, while also acquiring cutting edge measurement and trading skills that will be needed in short and long term as the world comes to terms with the climate change challenge. European Climate Exchange (ECX) a wholly-owned subsidiary of CCX, manages the sales and marketing for ECX Carbon Financial Instruments (ECX CFI contracts) in the European Union Emissions Trading Scheme system. The Chairman and CEO of CCX is economist and financial innovator Dr. Richard L. Sandor, who was named a Hero of the Planet by Time magazine for his work in founding CCX, as well as one of the Top 100 Influential persons in finance by Treasury and Risk Management magazine.

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