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Carbonplace & Climate Impact X: Collaborate to revolutionise carbon credit trading

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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
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