Search
Choose an account to sign in:

CBL provides access to the world’s energy and environmental markets. With a vision of bringing efficiency, transparency and liquidity to environmental markets, we connect buyers and sellers around the world to facilitate the secure and seamless trading of products in environmental commodity markets.

Sign In Learn More

H2OX supports efficient, transparent trading of water entitlements and allocations in Australian water markets. By introducing state of the art technology to the sale and purchase of water and associated products, H2OX has streamlined the market, providing independence, efficiency, transparency and 24/7 real-time trading to owners and users of water.

Sign In Learn More

Aviation Carbon Exchange is a partnership between CBL and IATA to provide a marketplace for emissions-compliance obligations under the Carbon Offset Reduction Scheme for International Aviation (CORSIA). CORSIA addresses the increase in total CO2 emissions from international aviation above 2020 levels.

Sign In Learn More

OTX is a leading market-access provider for compulsory stockholding obligations (CSO) tickets—a product related to the oil sector regulation. OTX is rapidly expanding into markets for renewable fuels and renewable-fuel certificates.

Sign In Learn More

Environmental Management Account (EMA) is a comprehensive portfolio-management platform with a unique account structure that makes it easy to consolidate and transact environmental commodities across multiple regulatory regimes, all from one intuitive interface.

Sign In Learn More

The JSE Ventures Carbon Market is a comprehensive marketplace for buying and selling carbon and renewable energy credits via Xpansiv CBL, the largest venue for environmental commodities. The marketplace provides direct access to hundreds of live carbon credit and renewable energy certificates (RECs) on a live marketplace with full depth-of-market view and online order types.

Sign In Learn More

By

Xpansiv Market CBL to Launch Contract that Aligns with TSVCM Core Carbon Principles

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.”

The new spot contract will establish screening criteria that build on those for the GEO, with specific CCP-aligned modifications that create a larger, less-constrained credit supply.

“With carbon-reduction goals increasingly in focus, market-based strategies will continue to be an important part of the solution,” said Peter Keavey, Global Head of Energy Products at CME Group. “We welcome this announcement and the expanding universe of carbon credit trading through CCP-aligned contracts. We remain committed to working with CBL and the industry to further build and continuously expand liquidity and effectiveness for risk management and price discovery.”

More than 14.5 million mtCO2e have been transacted through CBL GEO and N-GEO spot contracts since the first GEO trade in September 2020. CME Group has seen more than 25 million mtCO2e traded through its linked CBL GEO and N-GEO futures contracts, which are also CCP-aligned.

“Like the entire suite of GEO products, the CCP-GEO is being developed to provide a benchmark reference price for underlying market sectors,” said Xpansiv Chief Commercial Officer Ben Stuart. “The GEO tracks CORSIA-eligibility criteria established for international aviation. The N-GEO follows agriculture, forestry, and other land-use criteria along with additional climate, community, and biodiversity co-benefits. And the CCP-GEO is the latest addition to the GEO family, designed to rapidly expand the supply of reliable credits to accelerate the net-zero transition.”

About Xpansiv

Xpansiv is the global marketplace for ESG-inclusive commodities. These Intelligent Commodities bring transparency and liquidity to markets, empowering participants to value energy, carbon, and water to meet the challenges of an information-rich, resource-constrained world. The company’s main business units include CBL, the largest spot exchange for ESG commodities, including carbon, renewable energy certificates, and Digital Natural Gas™; H2OX, the leading spot exchange for water in Australia; XSignals, which provides end-of-day and historical market data; and EMA, the leading multi-registry portfolio management system for all ESG-inclusive commodities. Xpansiv is the digital nexus where ESG and price signals merge. Xpansiv.com

PR Contact: Rob Dalton, Xpansiv VP Marketing & Communications – pr@xpansiv.com

AU Contact: Michael Mullane, Xpansiv PR Contact – michael.mullane@edelman.com