United States' first Green Impact Exchange (GIX)

The Green Impact Exchange (GIX), the first U.S. stock exchange focused on sustainability, was approved by the SEC. GIX aims to link environmental responsibility with capital markets by implementing strict governance standards, mandatory compliance, and incentives for eco-conscious companies. This exchange will operate with a dual-listing model initially, utilising technology for trading and enforcing accountability through audits and a "return to green" programme. By offering benefits like access to ESG capital and enhanced reputation, GIX seeks to combat greenwashing and drive a more sustainable financial ecosystem, though it faces challenges regarding liquidity and global harmonisation.