CBL to launch second VER contract as part of taskforce-aligned offering

ESG commodities marketplace Xpansiv’s CBL platform will debut a second standardised voluntary emissions reduction (VER) contract in January that aligns with initial principles recommended by the Taskforce on Scaling Voluntary Carbon Markets (TSVCM), the company said this week. Xpansiv announced this fall it will launch a spot contract – now dubbed the Core GEO (C-GEO) – based on the Core Carbon Principles (CCPs) set out by the Integrity Council for Voluntary Carbon Markets (IC-VCM), the newly formed governance body for the private sector-led TSVCM.