SINGAPORE-based carbon exchange Climate Impact X (CIX) is keeping credits from a suspended Cambodian project in its flagship contract, as a standards body reviews the project over human rights allegations.

In taking a wait-and-see approach, the exchange is being careful to avoid knee-jerk reactions and let the verifier’s review run its course, CIX head of product Tom Enger told The Business Times.

He said reviews have their merits in granting “20-20 hindsight”, uncovering new information and reassessing baselines, but also that “it is not cool when a project is attacked or rashly assumed to be ‘guilty until proven innocent’”.