GCC, S&P Global Commodity Insights, and CIX announce strategic agreements to enhance carbon market services and liquidity

Doha: The Global Carbon Council (GCC) has signed two significant agreements aimed at transforming the carbon market by providing enhanced liquidity an...

Doha: The Global Carbon Council (GCC) has signed two significant agreements aimed at transforming the carbon market by providing enhanced liquidity and ensuring market integrity.

GCC and S&P Global Commodity Insights Sign Strategic Agreement to Enhance GCC 2.0 Carbon Market Services GCC has signed a new Registry Services Agreement with S&P Global Commodity Insights (SPGCI). 

This agreement marks the beginning of a new chapter of collaboration between GCC and SPGCI, aimed at serving the new-generation carbon market implementing GCC 2.0. SPGCI will provide GCC with its comprehensive registry services for transacting ACCs and ARECs through its Environmental Registry platform. 

GCC has also entered into a strategic tri-party agreement with S&P Global Commodity Insights (SPGCI) and Climate Impact X (CIX), a leading carbon market solutions provider based in Singapore.

This strategic collaboration is set to revolutionize the carbon market by providing project developers with streamlined access to global buyers and enhanced liquidity. As GCC’s issuance of high-quality ACCs continues to grow, this integration addresses a critical market need: enabling project developers to efficiently monetize their credits while offering buyers at CIX transparent, credible, and verifiable carbon credits.