Climate Impact X (CIX) is proposing to discontinue its older vintage Nature X and Cookstoves X standard contracts, along with the associated price assessments, and invites feedback on this proposal from market participants.

Under the proposal, trading of the CIX Nature X (CNX) v16-19 and CIX Cookstoves X (CCX) v20-23 standardised contracts on the CIX Exchange would cease as of 17 July 2025. For CCX v20-23 contracts, it includes the Gold Standard Least Developed Countries (CCX-LG), Gold Standard Developing Countries (CCX-DG), Verra Least Developed Countries (CCX-LV), and Verra Developing Countries (CCX-DV) contracts. In addition, CIX would discontinue the publication of the associated benchmark assessments listed below.

This proposal is part of a continuous and routine effort to ensure CIX’s standard contract and benchmarks offerings align with the more active and recent vintages, and comes in the context of reduced liquidity and trading activity for the vintages proposed for discontinuation.

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.