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NEW YORK and SAN FRANCISCO and SYDNEY, April 19, 2021 /PRNewswire/ Xpansiv, a global trading platform for ESG-inclusive commodities, today announced the first trades of the
Nature-Based
Global Emissions Offset™
(N-GEO) on Xpansiv market CBL. Participants supporting the contract include Hartree Partners, Everland, Allcot, Cargill International SA, ClimatePartner, Evolution Markets, Gazprom, Macquarie Group, U.S. Venture, and Viridios Capital. First day volume totaled 131,215 mtCO2e with prices ranging between $4.00 and $5.00.
Announced last month, the N-GEO™ contract is composed of eligible voluntary offsets from Agriculture, Forestry, and Other Land Use (AFOLU) projects with additional Climate, Community, and Biodiversity (CCB) accreditation. The CCB Standards can be applied to eligible land-management projects, promoting innovation from early-stage project design through development and implementation. Eligible projects will be ca
CBL Announces First Trades of Nature-Based Global Emissions Offset streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
CME Group to Launch a Global Emissions Offset (GEO) Futures Contract on March 1
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CHICAGO, Jan. 26, 2021 /PRNewswire/ CME Group, the world s leading and most diverse derivatives marketplace, today announced it will launch a Global Emissions Offset™ (GEO™) futures contract on March 1, 2021, pending all relevant regulatory reviews. The new contract, which will provide customers with a market-based solution to manage global emissions risk, was jointly developed with Xpansiv market CBL, a leader in spot energy and environmental markets. Demand for voluntary carbon offsets is growing around the world as more countries and companies take action toward creating a lower carbon economy, said Peter Keavey, Global Head of Energy at CME Group. GEO futures will provide a regulated, market-based solution that can help address risk management needs for near-term emissions reduction strategies, as well as a standardized pricing b
Xpansiv Completes Successful Pre-IPO Capital Raise pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.
Xpansiv CBL Holding Group (XCHG): Xpansiv Completes Successful Pre-IPO Capital Raise
NEW YORK, NY & SAN FRANCISCO, CA / ACCESSWIRE / January 14, 2021 / Xpansiv CBL Holding Group Limited (Xpansiv
) today announced its successful pre-IPO capital raise from existing and new investors. Xpansiv had targeted US$35M for the raise but increased the amount to US$40M to accommodate investor demand.
Xpansiv is the leading market for ESG-inclusive commodities, connecting buyers and sellers in a global liquidity hub that accelerates the transition to a net-zero future. The company s ever-expanding ecosystem of Intelligent Commodities-like RECs, carbon offsets, and differentiated fuels-provides a clear path to action for companies seeking to meet voluntary and compliance-based ESG goals.