Carbonplace & Climate Impact X: Collaborate to revolutionise carbon credit trading
- Carbonplace is a voluntary carbon market technology platform being developed by seven financial institutions
- Climate Impact X (CIX) is a global marketplace and exchange for high-quality carbon
credits based in Singapore - With global demand for voluntary carbon credits expected to increase fifteenfold by 2030 and a hundredfold before 2050
- This pilot aims to transform the voluntary carbon market by building on the accessibility,
trust - The pilot will establish the technical, legal, and operational framework for executing carbon credit transactions via CIX’s platform
- The collaboration joins the strengths of the two new, high-profile carbon market participants