Climate Impact X (CIX) is proposing to discontinue its China ARR standard contracts, along with the associated benchmark assessments, and invites feedback on this proposal from market participants.
Under the proposal, trading of the CIX ARR X – China (CAX-C) standardised contracts on the CIX Exchange would cease as of 17 July 2025, including v21-24 and v20-24 contracts. In addition, CIX would discontinue the publication of the CAX-C benchmark assessments listed below.
| Contract and Benchmark Name | Assessment Code |
|---|---|
| CIX ARR X – China Benchmark | AC00002 |
| CAX-C v21-24 | AC00006 |
| CAX-C v20-23 | AC00004 |
This proposal comes in the context of ongoing voluntary withdrawal of China ARR projects from the Verra registry, which has significantly reduced the qualifying volume for these contracts and reduced trading activity in this segment of the market.
Market participants may provide feedback to pricing@climateimpactx.com before 4 April 2025. Feedback received will be published unless marked as confidential. Upon review of feedback received, CIX will publish a Decision Notice. Should the methodology change go ahead as proposed, on the day of implementation, CIX will publish an additional Implementation Notice to alert market participants that the change has come into effect.
Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this notice.
For any queries on this notice, please reach out to CIX’s support team at +65 6990 7518 or email operations@climateimpactx.com.
