About CTX
IBAC has teamed with Carbon Trade eXchange (CTX) to provide an easy-to-use, transparent and reliable platform for business aviation companies to voluntarily purchase carbon credits that will offset their CO2 emissions. This exchange only trades carbon credits (offsets) registered under three major international credit standards:
The Gold Standard
UNFCCC Clean Development Mechanism (CDM)
Verra Verified Carbon Standard (VCS)
Out-of-Sector Based Measures to Meet Our Goals
The out-of-sector measure referenced in the BACCC, refers to offsetting that helps achieve the business aviation goal of carbon-neutral growth. Carbon credits can be purchased in the near term to supplement other decarbonization actions whose benefits will accumulate over a longer term, such as the use of Sustainable Aviation Fuel (SAF), deployment of increasingly efficient aircraft, and implementation of operational improvements.
Operators wishing to focus on sustainable growth should assess the degree to which relatively easy fuel efficiencies and reductions can be gained, at reasonable expense, from such measures as purchasing SAF, reducing unnecessary weight in aircraft, fuel tankering, and exploring electrical ground power options. Carbon credits purchased through the IBAC Exchange – CTX partnership can then further offset operators' emissions, allowing operators to meet their own, voluntary carbon-reduction targets or meet potential compliance requirements.
Calculating your aircraft CO2 emissions just got easier with JSSI, an IBAC Industry Partner!
This CO2 Calculator from Conklin & de Decker will assist operators calculate their specific aircraft’s emissions. It contains data for more than 500 specific aircraft models, including most business jets, turboprops, and helicopters in operation today.
Learn more about JSSI's sustainability initiative here: JSSI Sustainability
CTX’s Aviation Carbon Exchange (A.C.E) Allows IBAC Participants To:
Choose from a preselected group of active projects that align with your company sustainability plan in a variety of locations around the world
Appreciate a simple and secure platform to support your plan for CO2 emissions reduction and carbon neutrality
Access CORSIA compliant credits if required by your operation – contact info@IBAC.org for more details.
Get Started with IBAC Carbon Credit Exchange
First, assess fuel efficiency measures: new technology, operational improvements, and use of SAF.
Monitor and calculate fuel consumption to estimate CO2 (Use ratio of 3.16 units of CO2 per 1 unit of fuel consumed)
Determine budget for voluntary offset purchase.
Calculate reduced emissions when using SAF
Access the CTX ACE site at https://ctxglobal.com/business-aviation/
Choose from a pre-selected menu of projects to fund that align with company sustainability goals or if you are a high-volume operation, you may opt to join the CTX Exchange directly and purchase volumes of CORSIA related offsets.
Quickly receive offset certificates of cancelation that cannot be resold or claimed again. There are no intermediaries between CTX and Project Developers, resulting in an efficient and transparent offset purchasing experience.