COLCX

What COLCX does

COLCX is the carbon credit certification and registry program operated by Canal Clima S.A.S., a privately held Colombian company founded in 2019 and headquartered in Bogotá. The program certifies and registers greenhouse gas (GHG) mitigation projects and issues COLCERs (COLCX carbon credits) for both voluntary and regulated carbon markets, primarily serving Colombian project proponents across forestry, agroforestry, REDD+, agriculture, energy, waste management, and construction sectors. Since 2019, COLCX has registered 45 projects, issued 34.79 million COLCERs, and seen 17.04 million credits retired by proponents.

The technical core is the COLCX Registry, a blockchain-based platform developed in partnership with XM (operator of Colombia's National Interconnected System) that provides secure, traceable, and transparent carbon credit lifecycle management under a digital integral environment. The program is built on a proprietary documentation suite including the COLCX Standard (currently v2.1), AFOLU Methodology v3.1, REDD+ Methodology v1.0, and Pastures and Soil Management Methodology v1.0, all aligned with ISO 14064-2:2019. Validation and verification are conducted by 11+ approved, internationally accredited Validation and Verification Bodies (VVBs) including ICONTEC, TUV SUD, Verifit, and Applus. The program holds ISO 9001, ISO 14001, and ISO 45001 certifications and operates in Spanish and English.

COLCX generates revenue primarily through project certification fees and COLCER issuance and transaction fees for voluntary and regulated markets, supplemented by oversight fees for validation and verification processes. Pricing is contact-based and not publicly disclosed, with multi-year contracts. Distribution is direct via a Commercial Manager and Sales Executive, supported by a network of approved OVVs across Colombia, India, Brazil, Spain, and the USA. The program maintains memberships in IETA, Asocarbono (Colombia), and AsocarbonoEc (Ecuador).

Name

COLCX

Legal name

Canal Clima S.A.S.

Website

https://colcx.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

COLCX is a Colombian carbon credit certification and registry program (operated by Canal Clima S.A.S.) that issues COLCERs for GHG mitigation projects across forestry, REDD+, agroforestry, and livestock, serving project proponents in voluntary and regulated carbon markets via a blockchain-based registry.

Ownership category

akta.pro rank

Product category

Carbon Credit Certification & Registry

NAICS

Support Activities for Forestry (1153)

SIC

Forestry (800)

akta.pro industry

PRIMARYIMAMAJAE

Carbon Accounting, Verification & Registry Services (MRV, Audits, Certification)

Industrials, Manufacturing & Construction/Paper & Forest Products/Forest Management, Reforestation & Carbon Forestry Services

SECONDARYAFAMAAAH

Forest Certification, Compliance & Chain-of-Custody Support

Agriculture & Food Production/Forestry & Logging/Forest Management & Silviculture

SECONDARYEUABAEAB

ESG/Sustainability Reporting & Disclosure Platforms

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Accounting, Reporting & Climate Data Platforms (GHG Inventories, ESG/Disclosure)

SECONDARYEUABABAE

Regenerative Agriculture & Soil Organic Carbon (SOC)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Project Development & Origination (Nature-based & Tech-based)

Keywords

• Carbon credit certification
• Blockchain carbon registry
• GHG mitigation projects
• Voluntary carbon market
• AFOLU methodology

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Project Certification Fees: Fees charged to project proponents (titular/Proponente) for the certification and registration of mitigation initiatives under the COLCX standard. Covers evaluation of compliance with the COLCX Standard, project registration, and issuance of COLCERs. The process involves pre-registration, validation, registration, verification, and certification stages.
2. COLCERs Issuance and Transaction Fees: Fees associated with the issuance of carbon credits (COLCERs) and transaction-related activities including COLCERs modification requests and withdrawal requests. Covers certification and emissions of COLCERs for both voluntary and regulated markets.
3. OVV Validation and Verification Oversight Fees: Fees for overseeing the validation and verification process conducted by approved Validation and Verification Bodies (OVVs). COLCX reviews OVV submissions, approves VVBs, and manages the certification cycle.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

COLCX certifies and registers greenhouse gas (GHG) mitigation projects and issues carbon credits (COLCERs) under its proprietary COLCX Standard, supporting both voluntary and regulated carbon markets. The program operates the COLCX Registry, a blockchain-based platform developed in partnership with XM, and provides sector-specific methodologies spanning AFOLU, REDD+, and pasture/soil management.

Product overview

COLCX is a unified carbon certification and registry platform offering end-to-end services for GHG mitigation initiatives. The core platform is the COLCX Registry, a blockchain-based system developed in partnership with XM that handles carbon credit (COLCER) registration, tracking, and certification. The platform is supported by a suite of sector-specific methodologies including AFOLU (forestry, agroforestry, agriculture), REDD+ (deforestation reduction), and Pastures and Soil Management, with an additional Soil Organic Carbon module. The program also provides comprehensive documentation including standards, procedures, and guidelines for certification processes. All offerings work together to enable transparent, traceable carbon market participation from project design through certification and credit issuance.

Differentiator

Problem solved

Functional benefit

Products and services

• COLCX Registry Platform Blockchain-based carbon credit registration and management platform developed in partnership with XM, providing secure, traceable tracking of carbon credits and mitigation initiatives with automated processes in the certification value chain. Used by project proponents (companies, NGOs, governments, cooperatives, communities) to register initiatives, submit documentation, and manage the carbon credit lifecycle.
• COLCX Certification Program End-to-end certification program covering pre-registration, validation, registration, verification, and certification of GHG mitigation projects under the COLCX Standard. Issues COLCERs (carbon credits) for voluntary and regulated markets. Targets enterprises, NGOs, governments, cooperatives, communities, and institutions seeking to certify their GHG mitigation initiatives.
• COLCERs (Carbon Credits) Carbon credits certified and registered under the COLCX program, representing verified reductions or removals of greenhouse gas emissions. COLCERs are tracked through the blockchain-based registry for transparency and traceability, and traded in voluntary or compliance markets.
• Validation and Verification (OVV) Oversight Oversight service for the validation and verification process conducted by approved Validation and Verification Bodies (OVVs). COLCX reviews OVV submissions, approves VVBs, and manages the certification cycle under ISO 14065:2020 and ISO/IEC 17029:2019 standards. Used to ensure independent third-party verification of COLCX-registered projects.
• AFOLU Methodology Methodology for GHG removal in forest plantations, agroforestry systems, and agricultural activities (current version 3.1), applicable to Landscape Management Tools (HMP) such as live fences, agroforestry systems, scattered trees in pastures, biodiversity nuclei, and ecological corridors. Used by project proponents to develop quantifiable AFOLU mitigation projects.
• REDD+ Methodology Methodology for Reducing Emissions from Deforestation and Forest Degradation (REDD+) projects, including Sustainable Forest Management (SFM) and Increased Carbon Reserves (ICR) modules. Used by project developers to certify forest conservation projects.
• Pastures and Soil Management Methodology Methodology for managing pastures and soils in livestock operations to increase soil organic carbon content and promote GHG removal and reduction. Used by livestock project developers seeking carbon credit certification.
• COLCX Documentation Suite Comprehensive set of policies, standards, procedures, guidelines, formats, and methodologies governing the COLCX certification and registration process, including governance models, quality procedures, and stakeholder consultation guides. Available in Spanish and English.

Quantifiable outcome

• 45 registered projects and 34.79M COLCERs issued since 2019
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Approved Validation and Verification Bodies (OVVs)coreImplementation/ SI/ Consulting Partner · 1 January 2025COLCX maintains partnerships with over 10 approved VVBs including ICONTEC (ONAC accredited), Versa, Enviance, KBS Certification, TUV SUD (ANAB, EMA accredited), GHG Assurance (EMA), Verifit (ONAC), EPIC Sustainability (ANAB), Nova Cert (ANAB), Applus (ONAC), and Carbon Check (NABCB, currently disabled). These VVBs conduct independent validation and verification of COLCX projects under ISO 14065:2020 and ISO/IEC 17029:2019 standards.
• XM (Experencia Mercaforce)coreTechnology or Integration · 23 December 2024Strategic technology partnership for the development and operation of the COLCX Registry platform. XM, operator of Colombia's National Interconnected System (SIN) and Wholesale Energy Market (MEM), provides its EcoClic environmental platform with blockchain technology to power COLCX's carbon credit registry. The partnership enables remote data registration, automated processes in the carbon certification value chain, and enhanced transparency and security for carbon market participants in Colombia.
• International Emissions Trading Association (IETA)coreOthers · 1 January 2024IETA membership obtained in 2024 positions COLCX within the leading international trade association for the global carbon market, providing access to industry networks, standards development, and market intelligence.
• Asociación Ecuatoriana de Carbono (AsocarbonoEc)minorOthers · 1 January 2024COLCX joined AsocarbonoEc in 2024, extending its regional presence to Ecuador and connecting with the Ecuadorian carbon market community.
• Asociación Colombiana de Carbono (Asocarbono)coreOthers · 1 January 2020COLCX joined Asocarbono in 2020, the Colombian Carbon Association, connecting with the national carbon market ecosystem and stakeholders in Colombia's climate action landscape.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/colcxcolombia
• LinkedInlinkedin.com/company/colcx

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about COLCX