(November 02)

SYDNEY, NEW YORK, SAN FRANCISCO, LONDON — Xpansiv market CBL, the world’s largest spot exchange for energy and environmental commodities, has announced plans to launch the CCP-GEO, a standardized carbon offset contract specifically designed to align with the initial recommendations for Core Carbon Principles (CCP) defined by the Taskforce for Scaling Voluntary Carbon Markets.  Xpansiv fully supports the CCPs and seeks to help drive an array of new voluntary market mechanisms to conform with CCP Working Group governance efforts.

“The CBL CCP-GEO contract will provide market participants with a tradeable instrument that covers a broad range of high-quality credits that align with the CCP,” said Henrik Hasselknippe, Xpansiv Head of XMarkets. “We designed this new contract to complement the GEO and N-GEO under our Standard Instruments Program and to help scale market supply and delivery of credible credits.”

Read More: https://xpansiv.com/cbl-launches-spot-contract-aligned-with-tsvcm-core-carbon-principles/