“Validated through extensive industry consultation, Nature X will deliver a market-driven price benchmark, with enhanced transparency benefitting the industry at large,” says CIX in a March 23 press release.
Singapore-based carbon exchange and marketplace Climate Impact X (CIX) is set to launch a nature-based standardised contract in the company’s upcoming spot trading platform, CIX Exchange.
CIX Nature X, which will trade under the contract code CNX, is designed to address key market concerns over project delivery risk, market-representative pricing and fragmented liquidity in the voluntary carbon market.
