VCM Report: CME logs inaugural trades of nature-based offset futures

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.

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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.

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.

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.

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.

August 2, 2021

By admin

As voluntary emissions reduction (VER) prices continued to bubble up across all offset categories this week, CME on Monday saw companies execute the first trade in its [CBL Nature-Based Global Emissions Offset] (N-GEO) futures contract, listed under commodity code NGO. Trading house Hartree Partners and hedge fund Andurand Climate and Energy Transition Fund participated in the inaugural N-GEO futures transaction, trading 200,000 credits at $5.40/tonne for Dec-21 delivery. Brokerage Evolution Markets facilitated the transaction.

“We see CME’s N-GEO futures contract as a milestone in the continued growth of carbon assets,” Casey Dwyer, co-portfolio manager of the Andurand Climate and Energy Transition Fund, said.