US expansion for Carbon Trade Exchange

Carbon Trade Exchange (CTX) is quickly expanding into the US, announcing the relocation of its Chief Operating Officer, Nathan Rockliff, to New York, in addition to two key appointments. Lee West has been appointed as Director and Chief Strategic Officer for the US, and Scott Hernandez as Head of North America Sales & Trading, both effective immediately.

Lee brings almost 30 years of financial services and investment experience to CTX, splitting his time across offices in Los Angeles and San Francisco. Lee began his career in money management with Wall St firms, and continues to manage capital as well as being an active investor.

As Director and Chief Strategic Officer for CTX in the US, Lee will be responsible for developing new markets and implementing the overall strategy and business model, with an initial focus on the North American markets.

Lee remains active in the industry, currently on the board for Women Organizing for Change in Agriculture & Natural Resource Management (WOCAN), which incorporates an overlay Standard supporting the integration of women in the design and implementation of carbon projects.

Previously, he was a co-founder and CEO of EcoAnalytics, an online market intelligence database for managing eco-assets that included carbon offsets and renewable energy credits. Lee was also Board Chairman for the San Francisco Carbon Collaborative, a working group providing stakeholder support for the Cap and Trade Program for the City of San Francisco as well as a strong network of investment and intellectual capital for emerging clean tech companies.

Relocating from LA to New York, Scott has extensive experience in environmental management and business development, including analysis and design of solutions to tackle the complex issues at the centre of business, energy and environmental policy. As Head of North America Sales & Trading, Scott will be responsible for driving the sales strategy of CTX in the US, across both the voluntary and compliance markets, and other emerging environmental markets.

Before joining CTX, Scott was Business Development Manager at Climate Action Reserve, responsible for the development and implementation of strategies to promote the Reserve to a wide range of audiences, and prior to this he was Energy & Climate Change Specialist at the Association of California Water Agencies.

Wayne Sharpe, CTX Chairman and Founder said “Carbon Trade Exchange is proud to welcome Scott and Lee to our global team, who along with Nathan will provide a foundation for our expansion into US carbon markets, and as part of a longer term strategy, into other environmental commodity markets”.

CTX’s new CEO, Baden Wright, added “Scott and Lee are a great addition to our global team and I look forward to working with them to drive the sales strategy and our new retail broker model in the US markets”.

CTX has strategic relationships with APX Environmental Registry and the major voluntary carbon standards including Gold Standard, VCS, Climate Action Reserve and American Carbon Registry.

For further information, please contact:
Wayne Sharpe
Chairman & Founder, Carbon Trade Exchange
T: +61 2 8090 3434 | M: +61 412 147 697
E:wayne.sharpe@carbontradexchange.com

About Carbon Trade Exchange

Carbon Trade Exchange (CTX) operates a global trading platform for voluntary carbon credits, providing market participants in over 25 countries a fully electronic spot trading exchange to buy and sell carbon credits instantaneously on a seamless end-to-end platform.

The infrastructure provides product and price transparency and market efficiencies for the benefit of market participants. The platform provides real-time prices and purchasing for every major carbon credit standard and through direct interfaces with credit registries and banking facilities, ensures clearing and settlement in a secure and effective way.

CTX is also in the process of adding internationally compliant products, at which time the CTX Platform will be the only exchange capable of servicing both compliant and voluntary carbon requirements. In the interim, Carbon Financial Services (a wholly-owned subsidiary of CTX) is able to facilitate trading of all international compliance products in spot and derivative contracts under its Australian Financial Services Licence (AFSL).

For further information, please visit www.carbontradexchange.com.

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