CarbonEx is operated by Whereteam Co., Ltd. and is committed to maintaining the highest standards of regulatory compliance, market integrity, and environmental credibility. This page outlines the legal and regulatory frameworks that govern our operations and the steps we take to ensure compliance.
T-VER (Thailand Voluntary Emission Reduction Program)
CarbonEx works in alignment with the Thailand Greenhouse Gas Management Organization (TGO) T-VER framework. All T-VER credits traded on our platform have been registered and verified by TGO-approved third-party verifiers.
TSERS (Thailand Sustainable Energy Rating System)
Projects submitted through our platform may qualify for TSERS certification where applicable.
NDC Alignment
We support Thailand's Nationally Determined Contribution targets under the Paris Agreement (40% GHG reduction by 2030) by facilitating domestic carbon market activity.
Verra VCS (Verified Carbon Standard)
Credits issued under the VCS standard are validated and verified by Verra-accredited auditors before listing on CarbonEx. Each credit carries a unique serial number from the Verra registry.
Gold Standard
Gold Standard certified credits are issued only after independent third-party verification confirming sustainable development co-benefits. CarbonEx is an authorized Gold Standard marketplace partner.
Blue Carbon Standard
Coastal and marine ecosystem credits (mangroves, seagrasses) listed on CarbonEx comply with the Verified Carbon Standard for REDD+ and coastal wetland methodologies.
ISO 14064
Our internal GHG accounting processes conform to ISO 14064-1 (organization-level) and ISO 14064-2 (project-level) standards for quantification and reporting of greenhouse gas emissions.
CarbonEx implements a comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) program in compliance with Thailand's Anti-Money Laundering Act B.E. 2542 (AMLA) and related ministerial regulations.
Identity Verification
All users must verify their identity with a government-issued ID before trading. Corporate accounts require company registration documents.
Transaction Monitoring
All transactions are monitored for suspicious activity. Transactions meeting threshold criteria are reported to the Anti-Money Laundering Office (AMLO).
Sanctions Screening
Users and transactions are screened against OFAC, UN, and Thai AMLO sanctions lists. Sanctioned parties are denied access.
Record Keeping
KYC documents and transaction records are retained for a minimum of 5 years per AMLA requirements.
CarbonEx complies with Thailand's Personal Data Protection Act B.E. 2562 (PDPA). We have appointed a Data Protection Officer, implemented data minimization principles, and established procedures for handling data subject requests within the 30-day statutory deadline. See our Privacy Policy for full details.
All carbon credit issuances, transfers, and retirements on CarbonEx are recorded on our immutable audit trail. Each transaction generates a unique certificate or transaction hash. Retirement certificates are publicly verifiable at carboncreditthailand.com/verify/[id] without requiring account login.
We are committed to preventing double-counting of credits. Each credit carries a unique serial number linked to a single registry record.
To ensure a fair marketplace, CarbonEx prohibits and actively monitors for:
Violations are reported to relevant Thai regulatory authorities and may result in account termination and legal action.
TGO
Thailand Greenhouse Gas Management Organization
AMLO
Anti-Money Laundering Office
PDPC
Personal Data Protection Committee
ONEP
Office of Natural Resources and Environmental Policy
If you have concerns about compliance, market manipulation, or fraudulent activity on the platform, please contact our compliance team confidentially at:
compliance@carboncreditthailand.com
All reports are treated confidentially. We do not retaliate against good-faith reporters.