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
21 April 2025
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
8 April 2025
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
