CME to extend nature-based futures curve to 2027

CME Group will extend the range of contracts covered by its CBL Nature-​b​ased Global Emissions Offset (N-GEO) futures contract to the year 2027, following an increase in traded volumes in recent months.​ Liquidity has grown in the futures contract, which is widely seen as the frontrunner to become the VCM’s biggest price benchmark.

Xpansiv seeks to quiet critics’ fears over carbon trading platform

“The way that commodities trade now is probably not the way they’re going to trade in the future,” says Ben Stuart, Xpansiv chief commercial officer​. “The attributes around their generation, and how they’re produced, are going to have a pricing impact.” This includes the methane emissions associated with the production of natural gas. Xpansiv has … Continued

Transparency, liquidity and integrity in the voluntary carbon market

Globally, companies are driving changes to their emissions profile, both through direct impacts to their operations, but also drawing on mechanisms like the VCM to complement their activities. The VCM has already evolved into a robust market framework that supports the needs of these participants with respect to price transparency, ability to manage risk through … Continued

Clearing business propels CBL volumes to five-month high

CBL provides a platform for corporates not keen to spend too much time on paperwork as well as a network of major offset buyers and sellers. It also operates several futures contracts in partnership with CME Group that are increasingly seen as the sector’s benchmark. Several exchanges have created new futures contracts in recent months, … Continued

Environmental Commodities Platform Onboards 125 Clients

Xpansiv has onboarded more than 125 participants this year as the market infrastructure platform for environmental commodities expects further growth in carbon offsets and new commodities such as digital fuels.​ ​Henrik Hasselknippe, ​Xpansiv ​Head of XMarkets​, ​told Markets Media: “For the first time in environmental markets, we offer the full integration of a trading market, registry … Continued

The Ethical Investor: The growing world of climate fintech

Recently, a new breed of fintechs is exploding in the form of climate fintech. Climate fintechs are platforms that allow companies or users to contribute to the solutions of climate change. Perhaps the biggest and most well known climate fintech platform out there is Xpansiv, a world leading marketplace for carbon credits. Xpansiv’s trading platform … Continued

Xpansiv to buy Evolution Markets to create carbon powerhouse

A powerhouse is being created in the global carbon markets with Xpansiv, a major platform for environmental markets, announcing Thursday it is acquiring Evolution Markets, one of the world’s​ ​largest emissions brokerages. The acquisition of Evolution will bolster its already significant presence in the VCM, bringing the broker’s 2,000-strong customer base together with the CBL … Continued

Xpansiv buys US carbon brokerage to help drive carbon volume

Market data infrastructure and trading platform Xpansiv said Thursday it had purchased US brokerage Evolution Markets in a bid to grow its trading and settlement platform for voluntary carbon offsets. Xpansiv, which is seen to own the ‘plumbing’ around carbon trading, announced Monday it completed its acquisition of APX, which owns energy and environmental trading … Continued

N-GEO ‘frontrunner’ to become voluntary carbon benchmark

The CBL Nature-based Global Emissions Offset (N-GEO) futures contract is the clear frontrunner to become the de facto benchmark of the voluntary carbon market with traded volumes, open interest and participant numbers all up in the past year, said CME Group. Owain Johnson, CME’s global head of research and product development, said the N-GEO’s popularity … Continued