Welcome to Aviation Carbon Exchange (ACE)
The joint venture of IBAC and CTX, to help drive a new lower emissions future for business aviation to facilitate decarbonisation and meet the industry target of net zero carbon emissions 2050. It is literally impossible to achieve ZERO without offsetting, so this strategy helps accelerate the shorter-term targets of 30% reductions of Carbon Neutral Growth since 2020.
Of course we advocate for reducing emissions wherever possible, including things such as SAF, Design, Engines and flight paths etc, but we understand there will always be a need to offset unavoidable emissions. This is why we ensure the very highest global carbon credit offset standards, meeting regulatory and legislative requirements to lessen our environmental impacts.
Offsetting allows you to mitigate the environmental impact of your Business or your client’s Business or Personal Travel – by providing a source of finance for carbon reduction projects, creating real and additional CO2 reductions. An offset can be achieved by purchasing and cancelling carbon credit with 1 carbon credit representing 1 Ton of CO2 equivalent gases (tCO2e) reduction.
The International Business Aviation Council (IBAC) is working together with CTX so we can help facilitate decarbonisation and meet net zero carbon emissions by 2050.
The Aviation Carbon Exchange (ACE) ® platform is the new extended part of this commitment, with a partnership with CTX, operators can voluntarily purchase carbon credits as offsets and choose from accredited projects that support their overall sustainability goals.
IBAC represents the worldwide industry of more than 18,000 operators globally through its 15 member associations on six continents. The IBAC / CTX partnership offers a simple and transparent resource to voluntarily offset carbon emissions as part of the huge emissions reductions targets. IBAC and the business aviation industry, have made serious carbon neutral commitments as stated in the original 2009 BACCC and renewed in 2021 by strengthening the industry’s goals to include Net-Zero carbon emissions by 2050.
Carbon credits can be purchased and cancelled as offsets, to supplement other decarbonization actions whose benefits will accumulate over a longer term, such as the use of Sustainable Aviation Fuel (SAF), or deployment of increasingly efficient aircraft, and the implementation of operational improvements. Offsetting allows immediate reductions plus carbon neutrality, while operational ones are deployed over time.
All of the ACE offsets are purchased from CTX, the first and only truly global, fully electronic real-time exchange platform for high-quality Carbon Credits/Offsets from genuine projects around the world, fully certified and issued via all the major Voluntary Credit Standards.