DBS’ Mikkel Larsen Formally Appointed as Climate Impact X’s CEO

DBS’ Mikkel Larsen Formally Appointed as Climate Impact X’s CEO

by November 17, 2021

Climate Impact X (CIX), a global marketplace and exchange for high-quality carbon credits, has announced the appointment of Mikkel Larsen as Chief Executive Officer, effective immediately.

He has been acting as Interim CEO for CIX since 20th May 2021.

CIX is a joint venture between DBS Bank, Singapore Exchange (SGX), Standard Chartered and Temasek.

In this role, Mikkel will be collaborating with technology partners to build up its Project Marketplace and Exchange platforms as well as curating a pipeline of high quality carbon credit projects to feature on these platforms.

He will also drive the company’s culture, values, and behaviour, while building up a high performing team passionate about catalysing scalable sustainable solutions.

Most recently, Mikkel was the Group Chief Sustainability Officer for DBS Bank (DBS).

He was responsible for developing DBS’ overarching sustainability framework and driving sustainability initiatives across the bank.

Mikkel is also an adjunct professor at the Copenhagen Business School and holds multiple academic credentials.

This includes a Master’s in Sustainability Leadership from Cambridge University, an MBA from London Business School as well as Master’s and Bachelor’s degrees in Economics from Copenhagen Business School.

In October, CIX completed a pilot auction of a curated portfolio of high-quality carbon credits, where it successfully cleared 170,000 tonnes of carbon credits from eight recognised NCS projects spanning across Africa, Asia and Latin America.

Mikkel Larsen, Interim CEO of Climate Impact X and Chief Sustainability Officer at DBS

Mikkel Larsen

“I am honoured to be formally appointed as the founding CEO, and to work alongside a very competent and passionate team at CIX. We have a unique opportunity to establish a trusted market that can both help preserve the crucially important existing carbon sinks whilst developing new ones.


Through the work we do at CIX, we can help create such a market. By operating an international marketplace and exchange, we can offer the connectivity between local markets and a global audience, thus creating a truly global carbon market,”

said Mikkel Larsen.


Featured image credits: Caproasia