This milestone reinforces Karbon-X's regulatory infrastructure in Europe and expands its operational capabilities in the world's largest regulated carbon market
Karbon-X Corp. (OTCQB:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions company operating in global carbon markets and climate infrastructure, today announced the establishment of its account in the European Union Emissions Trading System (EU ETS) Registry in Spain, following regulatory approval from the Spanish Office for Climate Change. This milestone further strengthens the company's regulatory infrastructure in Europe and represents a new step in the execution of its growth strategy on the continent.
Following regulatory approval, the company's EU ETS account has been established in the Spanish section of the Union Registry. Final technical activation by the National Registry of Emission Allowances (RENADE) is expected shortly, at which point the account will become fully operational.
Once operational, the account will allow Karbon-X to hold, receive, transfer, and manage European Union Allowances (EUAs) directly within the Union Registry, providing greater control and efficiency over its EU ETS trading activities. The account further strengthens the company's capabilities in the European Union's regulated carbon market, increases its operational flexibility, and enhances its ability to serve clients participating in the EU ETS, while contributing to the continued growth of its business in Europe.
This advancement reflects Karbon-X's continued investment in the regulatory infrastructure and operational capabilities necessary to participate in the EU ETS, reinforcing the company's commitment to regulatory compliance, market integrity, and responsible participation in regulated carbon markets.
The establishment of this account allows Karbon-X to operate directly in the EU ETS through its European operations, further strengthening its ability to serve compliance market participants across the region.
"This milestone represents another important step in the execution of our growth strategy in Europe," said Chad Clovis, CEO of Karbon-X. "Strengthening our regulatory infrastructure enhances our ability to operate efficiently within the EU ETS, while expanding the capabilities we offer our clients. As demand for solutions for regulated carbon markets continues to grow, we remain focused on developing the infrastructure, market access, and expertise needed to deliver long-term value for both our clients and our shareholders."
The EU ETS is the world's largest multinational emissions trading system and is a cornerstone of the European Union's climate policy. Through a market-based cap-and-trade system, it allows regulated organizations to buy and sell emission allowances, while contributing to the EU's long-term emissions reduction targets. As one of the most active regulated carbon markets globally, the EU ETS plays a pivotal role in international carbon trading and represents a key market where Karbon-X supports organizations in meeting their compliance needs.
The establishment of the Spanish account in the EU ETS Registry reinforces Karbon-X's long-term commitment to the European carbon market, while strengthening the operational infrastructure needed to support the company's continued expansion into regulated carbon markets. Looking ahead, Karbon-X will continue to bolster its regulatory infrastructure and European presence as it expands its capabilities to support clients participating in regulated carbon markets across the region.
About Karbon-X Corp.
Karbon-X Corp. (OTCQB:KARX) is a vertically integrated climate solutions company offering comprehensive services in both regulated and voluntary carbon markets. From project development and emissions quantification to verification process support, credit issuance, and trading, Karbon-X provides reliable and transparent climate solutions to businesses and institutions worldwide. Through its integrated platform, the company helps organizations navigate the evolving carbon economy while driving high-integrity climate projects and the development of environmental markets.