ESG & Investing
ACX to Close Abu Dhabi Carbon Exchange After One Year
- UAE wealth fund Mubadala invested in ACX Abu Dhabi in 2022
- Global carbon offset markets buffeted by greenwashing claims
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AirCarbon Exchange is closing its operations in Abu Dhabi after only one year of trading.
Its clearing functions will be shifted to Singapore, where the company’s based, it said in a statement.