Carbon ratings agency BeZero Carbon and Climate Impact X (CIX), a global carbon marketplace based in Singapore, have announced a partnership, under which BeZero Carbon’s ratings will be integrated into the CIX Exchange.
The collaboration is aimed at enhancing transparency and improving decision-making in carbon credit trading, according to a joint statement by the two companies, published on Monday.
The CIX Exchange trading screen will now display BeZero Carbon’s headline ratings for carbon credits, enabling users—including financial institutions, intermediaries, and corporate buyers—to make informed decisions based on project quality.
This partnership is a significant step in building a high-integrity carbon market, allowing participants to evaluate both the risk and potential impact of their investments in climate action projects.
BeZero Carbon’s ratings assess the probability that a carbon credit will achieve its goal of offsetting or removing a ton of carbon dioxide equivalent (CO2e) from the atmosphere.
These ratings use an eight-point scale from ‘AAA’ to ‘D,’ providing a clear metric that links carbon credit quality with liquidity and pricing.
The CIX Exchange offers a real-time trading platform for benchmark spot contracts and individual project listings, enabling users to efficiently trade and transparently assess price differences.
By adding BeZero’s ratings, the platform offers an additional layer of insight into project integrity risks, enhancing confidence in carbon credits and supporting more robust investment in climate projects.
Tommy Ricketts, CEO of BeZero Carbon, highlighted Singapore’s leadership in climate initiatives, noting that this partnership strengthens carbon market growth across the region.
Ellery Sutanto, Head of Exchange at CIX, emphasized that ecosystem collaboration is essential for expanding carbon markets, with this partnership furthering CIX’s commitment to transparent, efficient, and data-informed trading for climate impact.
