Following market consultation, Climate Impact X (CIX) has decided not to reinstate any cookstove projects developed by C-Quest Capital (CQC) that have been taken off hold and reverted to a ‘Registered’ status on Verra. These projects will remain ineligible for delivery into CIX Cookstoves X (CCX) standard contracts, including the Least Developed Countries Verra (CCX-LV) and Developing Countries Verra (CCX-DV) contracts.
The decision follows a proposal notice (MN2024/28) and a public consultation that commenced on 21 October 2024. Market feedback received during the consultation period was supportive of the decision. Prior to the consultation, CIX had announced (MN2024/21) the temporary suspension of CQC projects placed under the Monitoring Period. With this final decision, CQC projects remain ineligible for delivery across all vintages of CCX-LV and CCX-DV standard contracts, including v22- 25, v21-24 and v20-23.
Questions or feedback can be sent to pricing@climateimpactx.com. Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this notice.
For any further queries, please reach out to CIX’s support team at +65 6990 7518 or email operations@climateimpactx.com.