The volume of carbon offsets traded on Xpansiv’s CBL platform nearly tripled in 2021 to outpace the voluntary market’s rapid fundamental growth amid a surge in interest in standardised trade, the company said on Thursday.
Xpansiv’s CBL sees near-tripling in carbon trade in 2021
The volume of carbon offsets traded on Xpansiv’s CBL platform nearly tripled in 2021 to outpace the voluntary market’s rapid fundamental growth amid a surge in interest in standardised trade, the company said on Thursday.
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Well and good, but do these GEO contracts result in the delivery of actual carbon credits?
Hi John,
Buyers of the spot GEO receive an eligible carbon credit as part of the daily settlement process. Details are available in the exchange’s Standard Instruments Program at http://www.xpansiv.com/resources.
By the way, I am on Xpansiv’s communications team.
All best,
Peter