News

Press Releases

December 2024
Climate Impact X to launch CORSIA-aligned standardised contract

Climate Impact X (CIX) has unveiled plans to launch its first standardised physical spot contract for Eligible Emissions Units (EEU) under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

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November 2024
BeZero Carbon and Climate Impact X join forces to enhance carbon market transparency

Carbon ratings agency BeZero Carbon and global carbon market solutions provider Climate Impact X (CIX) announce a partnership to bring critical carbon credit risk analysis to CIX Exchange.

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September 2024
Climate Impact X appoints new CEO and Board Chair to lead next phase of growth

CIX announces new CEO Oi-Yee Choo, who will assume her role on 21 October 2024, and appoints Claire O'Neill, a member of the CIX Board since 2022, as its new Board Chair effective 1 November 2024.

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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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Newsroom

April 2022
Yahoo News
CHIMEI is officially onboarded with Climate Impact X (CIX), a global exchange and marketplace for quality carbon credits

Yahoo News 全球最大ABS樹脂商奇美實業加入星展全球碳權交易平台CIX (English translation available here) CHIMEI is officially onboarded with Climate Impact X (CIX), a global exchange and marketplace for quality carbon credits, jointly established by the DBS, Singapore Exchange

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March 2022
The Business Times
Time to stimulate demand for non-rainforest carbon credits, says CIX product head

Investors should start stimulating demand for other types of carbon offset options amid a shortage of high-quality carbon credits that are based on forest preservation projects. Tom Enger, head of product of Climate Impact X (CIX), proposed this as he pointed to an ongoing "Cambrian explosion of new technology types" that could count towards carbon credits.

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February 2022
S&P Global Platts
Analysis: Singapore's carbon tax will help develop trade flows, price discovery for offsets market

Singapore's plan to raise carbon taxes is expected to stimulate demand growth in the voluntary carbon credit market and facilitate price discovery, which will in turn pave the way for the financialization of carbon as well as promote cross-border carbon trading, industry experts said.

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February 2022
Channel News Asia
Carbon tax hike: Analysts say allowing offsets can also drive decarbonisation, new jobs

Singapore’s plan to raise the carbon tax while also allowing companies to use carbon credits to offset emissions and avoid some of that tax could be a bold move in the right direction. Analysts told CNA that the move could drive decarbonisation and create new jobs if done right.

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January 2022
The Business Times
Regulation to be key driver of green economy and its transition

Regulation is going to play a key role in driving the green economy and the transition towards it in the next 5 to 10 years, opines Singapore Exchange's (SGX) Sustainability & Sustainable Finance head - and businesses need to decide if they want to make the changes necessary to capture the opportunities, or risk being left behind.

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December 2021
S&P Global Platts
Singapore's Climate Impact X to hold new carbon auctions, launch standardized contracts in 2022

Singapore-based carbon exchange Climate Impact X or CIX plans to conduct new auctions for carbon credits in early 2022, followed by the launch of standardized carbon contracts, CEO Mikkel Larsen said in an interview.

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The Case for Preservation in High Forest, Low Deforestation (HFLD) Jurisdictions

For years, the world has been seeking ways to preserve nature at scale. However, existing approaches have not been fully successful in achieving this. The loss of existing forests is estimated to be about six times worse for the climate.

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Perspectives

The Case for Preservation in High Forest, Low Deforestation (HFLD) Jurisdictions

For years, the world has been seeking ways to preserve nature at scale. However, existing approaches have not been fully successful in achieving this. The loss of existing forests is estimated to be about six times worse for the climate.

Read the article

CIX Perspectives

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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Why quality matters for carbon credits

Voluntary use of carbon credits, as part of an overarching climate change mitigation strategy that includes direct cuts in carbon emissions, is a viable way for a corporation to compensate for its emissions. This is especially so when other...

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Why your climate mitigation strategy should include carbon credits

The climate crisis is universal. Rapid global warming is already affecting individuals, communities and natural habitats around the world. Worse, and tragically, the greatest future impact will be borne by those living in more vulnerable...

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