ATP GreenX is bringing its VCC solution for exporting companies to Turkey.

ATP Software and Technology Inc.'s carbon trading platform brand ATP GreenX has partnered with London-based carbon markets consultancy Redshaw Advisors. Under this collaboration, innovative solutions will be implemented to help exporting companies manage the financial risks posed by the European Union's Carbon Border Adjustment Mechanism (CBAM) and maintain their competitive strength. The VCC (Virtual CBAM Certificate) solution developed by Redshaw Advisors allows exporting firms to lock in the costs of CBAM certificates, which will become mandatory in 2026, from today. This way, companies can protect themselves against fluctuations in carbon certificate prices, making their budgets more predictable and achieving long-term financial security. The VCC stands out as a type of hedging tool, providing companies with complete budget predictability in carbon costs, similar to locking in foreign exchange rates or commodity prices today. According to the announcement, the platform will ...