Liquidity key to success of Singapore's carbon exchange
Existing exchanges try to balance finding a contract that will continue to be liquid and be viewed as representing high-quality credits
Singapore
SINGAPORE'S platform for carbon offsets, Climate Impact X (CIX), will have competitors when it is rolled out at the end of the year, with more such platforms possibly emerging in the bid to tap the climate business boom and help companies decarbonise.
But the CIX's vaunted liquidity will be key to its success.
Jonty Rushforth, senior director of S&P Global Platts price group, said: "While carbon credits have been around for over two decades, the potential for growth is now higher than ever, largely led by the hard-to-decarbonise energy sectors.
"This means countries that are…
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