Xpansiv Spot Market CBL to Launch Trading of Carbon Credits Registered on EcoRegistry

 

NEW YORK, SYDNEY, LONDON — Xpansiv, the premier infrastructure provider for environmental markets, today announced plans to launch trading in carbon credits from EcoRegistry on February 21st. EcoRegistry, the leading carbon registry in Latin America, will be fully integrated with Xpansiv spot market CBL’s central limit order book enabling instantaneous trade execution on firm offer prices and same-day (T+0) settlement of cash and credits through the exchange’s fully automated post-trade system.

“The Cercarbono carbon crediting standard, which uses our blockchain-based platform for its registry system, has issued over 47 million credits with ISO’s carbon standards adhering to stringent criteria for high-integrity crediting,” said Juan David Duran Hernandez, CEO of EcoRegistry. “We are excited that communities, proponents and representatives of projects ranging from Latin America to India to Turkey will soon be able to make their credits available for trading on the CBL spot market.”

Cercarbono credits will trade alongside credits from American Carbon Registry, Climate Action Reserve, Gold Standard, and Verra Registry. In 2022, more than 250 different project-specific carbon credits from 34 countries were transacted on the CBL spot market.

“We are pleased to offer our clients this expanded array of projects in Latin America and beyond,” said Amy Bann, Senior Vice President, Supply & Ecosystem. “CBL participants can now transact Cercarbono credits on our platform alongside the other carbon and renewable energy contracts they trade currently.”

Xpansiv is currently working with clients to set up EcoRegistry accounts prior to the launch of live trading scheduled for February 21.

About Xpansiv

Xpansiv provides the market infrastructure to rapidly scale the world’s energy transition. The company’s main business units include CBL, the largest spot exchange for environmental commodities, including carbon credits and renewable energy certificates; APX, the premier provider of registry infrastructure for energy, power, and environmental markets; SRECTrade, the largest independent platform for managing and selling solar renewable energy credits in North America; Evolution Markets, a leading provider of transaction and advisory services in global carbon, renewable energy, and energy transition markets, and H2OX, a leading spot exchange for Australian water allocations. Xpansiv also operates the leading multi-registry portfolio management system and market data service. Xpansiv.com

About EcoRegistry

EcoRegistry is a registry system that enables the issuance and accounting services for carbon crediting standards worldwide. As the service provider for Cercarbono, more than 47 MtonCO2 have been issued, creating opportunities for projects around the world. EcoRegistry has been recognized for its technical capabilities, agile implementation, and connectivity to other systems around the world, including participation in the Climate Action Data Trust initiative. EcoRegistry.io

Contact:

Peter Burton, Xpansiv, pr@xpansiv.com
Charlie Morrow and Taylor Fenske, Cognito Media, xpansiv@cognitomedia.com
Juan David Duran Hernandez, EcoRegistry, juan@ecoregistry.io