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First Verra credits with Article 6 label available on CIX Exchange

MN
2023/20

On the back of Verra’s announcement that it has applied Paris Agreement Article 6 (“Article 6”) authorisation labels to Verified Carbon Units (VCU), Climate Impact X (CIX) would like to inform members and market participants that the first project to receive the label is available for trade on CIX Exchange.

Project IDProject NameVintageAsset SymbolProject Type
VCS2749DelAgua Clean Cooking Grouped Project2021VCS2749 v21Cookstoves

The DelAgua Clean Cooking Grouped Project (VCS 2749) is part of CIX’s improved cookstoves standard contracts – specifically [CCX-LV], which is composed of projects in the Least Developed Countries (LDCs) that have been verified by Verra.

This follows the addition of three projects that have received the first Article 6 labels from Gold Standard to the single project instruments list, which CIX announced via market notice on 4 December 2023. As shared then, the CIX Trading Portal is now equipped to reflect Article 6 labels alongside qualifying projects. Users may filter (refer to the image below) for instruments that have Article 6 authorisation labels on the platform.

In line with our spot exchange change governance process available here, CIX continually monitors market conditions and analyses where updates are necessary.

Please ensure that the appropriate members of staff within your organisation and customers are advised of the content of this market notice. For any queries on this notice, please reach out to CIX’s support team at +65 3135 1620 or email support@climateimpactx.com.

References

Filter for Article 6 instruments using wildcard operator ‘?*’ within the ‘A6 AUTH’ column selection