New global carbon exchange and marketplace to be set up
Joint venture by DBS, Temasek, StanChart and SGX aims to help companies go greener
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A new global carbon exchange and marketplace will be up and running later in the year to help companies go greener and boost efforts to establish Singapore as a carbon services and trading hub.
Climate Impact X (CIX) - to be a joint venture funded by DBS Bank, Temasek, Standard Chartered and the Singapore Exchange (SGX) - was announced yesterday. More partners will be added as it is scaled up.
