Local weather Impression X (CIX), a supplier of worldwide carbon market options, introduced it should introduce a brand new market intelligence service geared toward enhancing decision-making and transparency throughout the voluntary carbon market (VCM).
The CIX Intelligence service, anticipated to launch in July 2024, builds on the success of the CIX Carbon Day by day report, which has attracted over 600 firm subscribers globally since final 12 months.
The upcoming service will present unique entry to a complete commerce database, designed to supply detailed insights into buying and selling patterns, worth dynamics, and liquidity within the VCM.
This database will embody hundreds of transactional knowledge factors particular to numerous initiatives or contracts, encompassing each publicly reported knowledge and proprietary info from CIX buying and selling platforms.
Moreover, the service will function CIX’s increasing vary of on-screen worth benchmarks, which adhere to world greatest practices and are primarily based on energetic buying and selling throughout designated pricing periods on the CIX Trade.
These periods assist to consolidate buying and selling exercise throughout totally different market segments, producing dependable knowledge and fostering extra exact, market-driven pricing.
CIX plans to additional improve its commerce database and introduce new benchmarks tailor-made to evolving market wants.
The benchmarks presently embody segments equivalent to CIX Nature X and CIX Cookstoves X, with future additions to cowl different related areas of the VCM.
These can register forward of the launch right here.
Julien Corridor
Julien Corridor, Pricing Director at CIX, mentioned,
“By lifting the veil and offering the market with a database of precise disaggregated commerce knowledge, we hope to contribute to a discount in market-wide info asymmetry and equip market individuals with foundational new instruments to energy their analytics.
Value transparency is a cornerstone of a well-functioning market, and alongside this revolutionary new dataset, we’re proud to proceed our work to determine related and participatory worth benchmarks.”
Mark Glossoti
Mark Glossoti, Chief Working Officer at CIX, mentioned,
“The launch of our new market intelligence service expands the CIX options suite underpinning our mission to create actual affect by turning belief in carbon credit into tangible and actionable outcomes.
Eradicating key limitations to participation, equivalent to the dearth of certainty and transparency, is essential to constructing market confidence. Improved belief can in flip assist to create the liquidity and depth wanted to speed up progress of the carbon markets, that are a vital a part of the answer to local weather change.”
