Mubadala acquires stake in AirCarbon Exchange which is establishing the first regulated carbon exchange based in Abu Dhabi
ABU DHABI, United Arab Emirates, LONDON and SINGAPORE, Nov. 17, 2022 /PRNewswire/ -- Mubadala Investment Company PJSC (Mubadala) and AirCarbon Exchange (ACX), the global exchange revolutionizing the voluntary carbon market, have successfully completed a transaction under which Mubadala has acquired a strategic stake in ACX, supporting ACX's establishment of the first fully regulated carbon trading exchange and carbon clearing house in Abu Dhabi. The announcement was made during the first edition of Abu Dhabi Finance Week (ADFW) hosted by ADGM on 16th November 2022.
- ABU DHABI, United Arab Emirates, LONDON and SINGAPORE, Nov. 17, 2022 /PRNewswire/ -- Mubadala Investment Company PJSC (Mubadala) and AirCarbon Exchange (ACX), the global exchange revolutionizing the voluntary carbon market, have successfully completed a transaction under which Mubadala has acquired a strategic stake in ACX, supporting ACX's establishment of the first fully regulated carbon trading exchange and carbon clearing house in Abu Dhabi.
- The announcement was made during the first edition of Abu Dhabi Finance Week (ADFW) hosted by ADGM on 16th November 2022.
- Mubadala and the broader Abu Dhabi government have the impetus to take a leading role in scaling carbon markets.
- For more information about Mubadala Investment Company, please visit: www.mubadala.com
AirCarbon Exchange ("ACX") is a global exchange revolutionizing the voluntary carbon market.