Climate Impact X carbon benchmark adheres to IOSCO standards.

ERNST & Young LLP 058369562

Climate Impact X has announced that its carbon credit benchmark, CIX Nature (CNX), adheres to the International Organisation of Securities Commissions (IOSCO) Principles for Oil Price Reporting Agencies. The assessment, conducted by Ernst & Young, focused on the benchmark methodology and its compliance with IOSCO rules. CIX believes that adopting trusted price benchmarks can lead to positive changes in the market, including increased transparency and fairer pricing. The IOSCO Principles cover various aspects such as price assessment methodology, data reporting procedures, and conflict of interest management. CIX plans to launch four contracts in the cookstove market in the near future. [Extracted from the article]

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