CIX partners Carbonplace to lower entry barriers to voluntary carbon market

Singapore

TEMASEK-BACKED carbon exchange Climate Impact X (CIX) has partnered with Carbonplace, a new carbon credit settlement platform developed by 7 banks, to lower the entry barriers for organisations seeking high-quality carbon credits on the voluntary carbon market.

They aim to achieve this by piloting a technical, legal and operational framework for executing carbon credit transactions on CIX's recently launched digital platform, Project Marketplace, they said in a statement on Friday (Mar 25).