Climate Impact X (CIX)

This award recognises Climate Impact X (CIX) for advancing the integrity and accessibility of the voluntary carbon market at a moment when both are decisive for credible decarbonisation. Through 2025, the Singapore-headquartered exchange deepened its market infrastructure with a series of milestones: in June 2025 it became a first mover among global exchanges to join S&P Global Commodity Insights' Meta Registry, and in July 2025 it announced a collaboration with MSCI to strengthen credit-quality data.

CIX also launched a standardised CORSIA Phase 1 spot contract, enabling transparent trading of eligible credits from all fully approved ICAO registries and unlocking new levels of price transparency for the aviation compliance market. Founded by Temasek, DBS Bank, Singapore Exchange and Standard Chartered, CIX combines exchange, marketplace and intelligence functions to connect corporate buyers with high-quality carbon credits while addressing the pricing and liquidity challenges that have long undermined the market.

By providing standardised contracts, robust settlement and integrity filters drawn from observable market activity, CIX turns a fragmented and frequently criticised market into investable, verifiable infrastructure for climate action. For building the market architecture that makes high-integrity carbon credits liquid and trustworthy, Climate Impact X receives this recognition.

Score: 87

Reference: https://climateimpactx.com/press-releases/