News

Press Releases

May 2024
Climate Impact X appoints interim Chief Executive Officer

CIX's COO Mark Glossoti will be appointed as interim CEO with effect from 1 July 2024. Mark joined CIX in January 2022, overseeing the core functions of risk, operations, finance, legal and compliance, and human resources.

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May 2024
Climate Impact X to support carbon trading decisions with new market intelligence service

CIX is set to launch a new carbon market data and analytics service, CIX Intelligence, in July 2024 to help inform decision-making and raise price transparency across the voluntary carbon market (VCM).

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April 2024
Climate Impact X furthers bid for carbon market transparency and certainty with new nature-based removal contracts

CIX has launched a new set of standardised contracts for nature-based carbon removal credits. As its first removals contract series, this will enable participants to trade and price the most liquid and relevant segments of the ARR market.

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March 2024
Climate Impact X announces CEO resignation

CIX's CEO Mikkel Larsen will be stepping down from his role to focus on his family. He will remain at the helm of CIX until a new or interim CEO is appointed, and will continue to serve on CIX’s Board thereafter.

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December 2023
Climate Impact X to launch global standard contract aligned with ICVCM Core Carbon Principles

CIX has unveiled plans to launch a new set of standard tradable contracts to support projected demand for credits approved under the ICVCM CCPs. The physical spot contract will comprise the first issuances of CCP credits expected in 2024.

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November 2023
Mizuho and Climate Impact X join forces to scale international carbon credit market in Asia

The strategic partnership via investment aims to facilitate cross-border trading and connectivity between markets, which both companies believe are crucial to resolve imbalances in the demand and supply of carbon credits and help to scale the market

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Newsroom

November 2021
Eco Business
DBS chief sustainability officer Mikkel Larsen joins carbon credits marketplace Climate Impact X as CEO

Mikkel Larsen, the chief sustainability officer of Singapore’s DBS Bank, has joined carbon credits platform Climate Impact X (CIX) as chief executive officer. He will continue to be based in Singapore, where CIX was set up as a global voluntary carbon exchange by the Singapore Exchange, DBS, Standard Chartered Bank and state investment firm Temasek earlier this year.

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November 2021
Finews.asia
DBS Exec to Lead Carbon Credits Exchange

Climate Impact X (CIX) has announced the appointment of Mikkel Larsen as chief executive officer, effective immediately, according to an announcement on Wednesday.

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November 2021
South China Morning Post
Forestry-backed carbon credit trading faces hurdles in Asia despite COP26 pledge by global leaders to halt deforestation, says WWF-Hong Kong

Climate Impact X, Singapore’s voluntary carbon exchange, announced on November 1 that it had completed a pilot auction of 170,000 carbon credits, generated from eight forest conservation and restoration projects in Africa, Asia, and Central and South America.

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November 2021
Asia Today
CIX Successfully Auctions The World's First Voluntary Carbon Credit Portfolio

The global carbon credit exchange and Climate Impact X (CIX) market on Friday (5/11/2021) today announced that they have completed a pilot auction of high-grade carbon credit portfolios.

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November 2021
Carbon Pulse
Singapore-based exchange holds pilot portfolio auction of voluntary offsets

Singapore-based carbon exchange Climate Impact X (CIX) on Monday auctioned off a portfolio of 170,000 nature-based carbon credits as a test run ahead of a full launch of regular such sales next year.

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September 2021
Internet Retailing
Climate Impact X launches B2B marketplace for global carbon trading between companies

Working with marketplace technology provider NovaFori, CIX is creating a B2B marketplace that will allow a broad range of corporate buyers looking to buy from a curated selection of premium carbon credit projects to do just that.

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CIX Approach to Quality

Carbon credits are one of the primary tools available right now that can mobilise additional private finance – at the speed and scale necessary – to help mitigate climate change. It enables companies at any stage in their sustainability journeys to

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Perspectives

CIX Approach to Quality

Carbon credits are one of the primary tools available right now that can mobilise additional private finance – at the speed and scale necessary – to help mitigate climate change. It enables companies at any stage in their sustainability journeys to

Read the article

CIX Perspectives

How CIX assesses carbon credit quality and integrity

In a still nascent and evolving carbon market, ‘carbon credit quality’ remains a term without universal agreement.

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Bringing to life a robust Transition Credits ecosystem

Unpacking the economic and technical feasibility of carbon credits in financing the early retirement of coal-fired power plants

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Scaling the next wave of carbon credits with transparency and trust

Carbon markets provide a crucial tool for channelling finance to climate mitigation projects that would not otherwise get off the ground. Volumes in 2021 increased to a record five hundred million tonnes with nearly two billion dollars traded.

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