IEX says it has become India's first carbon-neutral power exchange

IEX says it is committed to contributing towards fulfilling India's net zero emissions target by creating an ecosystem for the reduction of emissions

India's leading energy trading platform IEX said on Wednesday it had become the country's first carbon-neutral power exchange using market-based tradable instruments to offset its carbon emissions.

To reduce its carbon footprint, the Indian Energy Exchange (IEX) said in a statement that it voluntarily cancelled the certified emissions reductions (CERs) from clean projects registered under the Clean Development Mechanism of the United Nations Framework Convention on Climate Change. A CER is a certificate issued by the United Nations to member countries for preventing one tonne of carbon dioxide emissions. 

"We are honoured to achieve another milestone as a carbon-neutral exchange,