CIX proposes to launch Nature v20 assessments

Climate Impact X (CIX) proposes to launch three new assessments tracking the value of vintage 2020 nature-based carbon credits. These will include a Nature v20 vintage assessment; a benchmark-to-vintage differential reflecting the price difference between Nature v20 and CIX Nature X (NC00001); and an inter-vintage differential reflecting the price difference between Nature v20 and Nature v19.

The new assessments will be published in the CIX Carbon Daily pricing intelligence, alongside existing comparable assessments and differentials for vintages 2019, 2018, 2017 and 2016.

CIX is accepting comments and feedback on the proposal until 11 August 2023. These can be sent to CIX’s pricing team at pricing@climateimpactx.com. Confidential comments should be marked as such. Comments not marked as confidential will be assumed for public viewing and publication.

Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this market notice.

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Climate Impact X (CIX) would like to clarify that a prerequisite for meeting Step 2 of its existing methodology for CIX Nature X is that there must be trading activity, alongside standing bids and offers which meet the company’s internal guidelines during the day’s pricing session.

Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this market notice.

For any queries regarding CIX’s assessments and methodology, please reach out CIX’s pricing team at pricing@climateimpactx.com.

Climate Impact X (CIX) has introduced a new registry to CIX Clear, the clearing and settlement service for privately negotiated transactions.

With immediate effect, transactions of CO₂ Removal Certificates (CORCs) and Pre-CORCs issued by Puro.earth, the world’s largest carbon crediting platform for engineered carbon removal, can be facilitated via CIX Clear.

CIX Clear permits only the settlement of verified credits from pre-approved carbon crediting certification programmes, as part of a single-project, multi-project or portfolio transaction. Other approved crediting programmes include Verra’s Verified Carbon Standard and the Gold Standard. Visit the CIX website to learn how you can submit a transaction notification under CIX Clear.

Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this market notice.

For any queries on this notice, please reach out to CIX’s support team at +65 3135 1620 or email support@climateimpactx.com.

About Puro.earth

Puro.earth focuses solely on verified net-negative technologies that can remove carbon at an industrial scale and store it for a minimum of 100 years. The company harmonises different methods of carbon removal and turns them into digital tradable assets called CORCs. Pre-CORCs are validated projections of future carbon removal activities that can be purchased by market participants to prepay for projected CORCs, providing an early source of revenue to scale projects.

The single project instruments list on CIX Exchange has been updated with immediate effect. In line with our spot exchange change governance process available here, Climate Impact X (CIX) continually monitors market conditions and analyses where updates are necessary.

Activated

Following new issuances by Verra for recent vintages of the Keo Seima Wildlife Sanctuary project in Cambodia (VCS1650), the below assets have been added to the single project instruments list:

Project ID	Project Name	Vintage	Asset Symbol	Project Type
VCS1650	REDD in Keo Seima Wildlife Sanctuary	2021	KEOS21 CCB	REDD+
VCS1650	REDD in Keo Seima Wildlife Sanctuary	2020	KEOS20 CCB	REDD+

Deactivated

Additionally, the following assets have been deactivated on CIX Exchange until further notice. This decision follows a standard review conducted by CIX to determine whether projects continue to meet our trading criteria.

As of 30 June 2023, the outstanding volume of credits in circulation for these assets are less than the minimum lot size stipulated for trading. CIX will continue to monitor the situation and will provide an update when such changes to the single project instruments list can be reversed.

Project ID	Project Name	Vintage	Asset Symbol	Project Type
VCS2250	Delta Blue Carbon – 1	2016	DBC116 CCB	Blue Carbon
VCS1532	COMACO Landscape Management	2017	COMA17	REDD+
VCS1897	Ntakata Mountains REDD	2017	NTAK17 CCB	REDD+

Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this market notice.

For any queries on this notice, please reach out to CIX’s support team at +65 3135 1620 or email operations@climateimpactx.com.

Climate Impact X (CIX) observes public holidays in Singapore and will be closed for four market holidays for the remainder of 2023. Please see below our holiday schedule.

CIX Market Holiday Schedule

Date	Holiday	Status
Thursday, 29 June 2023	Hari Raya Haji	Closed
Wednesday, 9 August 2023	National Day	Closed
Monday, 13 November 2023	Deepavali	Closed
Monday, 25 December 2023	Christmas Day	Closed

During market holidays, trading on CIX Exchange and CIX Carbon Daily will not be available; and no CIX price assessments will be made on those days. We will still continue to accept transaction notices for CIX Clear and these will be processed on the next business day.

CIX Exchange is open for trading Monday through Friday (excluding public holidays) from 12:00pm to 6:30pm SGT (GMT+8), with CIX Clear available during normal business hours.

Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this market notice.

For any queries on this notice, please reach out to CIX’s support team at +65 3135 1620 or email operations@climateimpactx.com.