The Atmospheric Chemistry Experiment (ACE) is the mission selected by the Canadian Space Agency for its next science satellite, SCISAT-1. ACE consists of a suite of instruments in which the primary element is an infrared Fourier Transform Spectrometer (FTS) coupled with an auxiliary 2-channel visible (525 nm) and near infrared imager (1020 nm). A secondary instrument, MAESTRO, provides spectrographic data from the near ultra-violet to the near infra-red, including the visible spectral range. In combination the instrument payload covers the spectral range from 0.25 to 13.3 micron. A comprehensive set of simultaneous measurements of trace gases, thin clouds, aerosols and temperature will be made by solar occultation from a satellite in low earth orbit. The ACE mission will measure and analyze the chemical and dynamical processes that control the distribution of ozone in the upper troposphere and stratosphere. A high inclination (740), low earth orbit (650 km) allows coverage of tropical, mid-latitude and polar regions. This paper will describe the metrology scheme, based on an IR laser diode, as well as algorithms that are needed to fully calibrate, along the wavenumber axis, the spectra measured by the ACE instrument.