More offset trade is going through exchanges
CBL exchange eyes growing share of offset trade
Exchange traded volumes rising as voluntary carbon market matures, CBL’s parent company Xpansiv tells Carbon Economist
An increasing share of trading in voluntary carbon market (VCM) offsets is migrating to exchange platforms as the market matures but the majority of deals are still executed bilaterally, according to Andy Bose, senior vice-president of market development and policy at Xpansiv, owner of the CBL exchange platform. Last year, 199 VCM market participants traded on the CBL exchange, which claims to have a 97pc share of exchange traded VCM offsets. Trading volumes on the exchange’s carbon platform in 2022 came to around 116mn t of CO₂e, up from around 10mn t in 2019, when almost all VCM trades were done bilaterally. The value of transactions on CBL in 2022 was $795mn. For context, London-based car
Also in this section
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
