Climate Impact X and Carbonplace propose merger to unify carbon market infrastructure

Singapore-based exchange Climate Impact X (CIX) and London-based platform Carbonplace announced their intent to merge, aiming to create a unified infrastructure for global carbon markets. The proposed merger, subject to regulatory approvals and expected to complete integration by Q1 2027, combines CIX's front-end price discovery with Carbonplace's back-end multi-registry settlement and custody systems. This move seeks to address market fragmentation, improve liquidity, and enhance price transparency across voluntary, Article 6, and compliance markets. The combined entity will integrate the full transaction lifecycle, supported by 12 major financial institutions, connecting project supply with institutional buyers. This development aims to provide a streamlined, bank-grade settlement network essential for scaling high-integrity carbon markets.

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