HomeCarbon CreditsXpansiv CBL to Trade Cercarbono Carbon Credits

Xpansiv CBL to Trade Cercarbono Carbon Credits

Xpansiv spot market CBL will launch trading of Cercarbono carbon credits from EcoRegistry on its platform.

The world’s largest exchange for voluntary carbon credits Xpansiv will trade Cercarbono carbon offsets starting February 21.

Xpansiv CBL and EcoRegistry

The leading carbon registry in Latin America, EcoRegistry, will be fully integrated with Xpansiv CBL’s central limit order book. This integration will allow instant trade execution on the company’s offer prices and same-day settlement of cash and credits through its automated post-trade system. 

The Cercarbono carbon crediting standard is using Xpansiv’s blockchain-based platform for its registry system. To date, it has issued more than 47 million credits from 138 projects with ISO’s carbon standards for high-integrity crediting. 

Juan David Duran Hernandez, CEO of EcoRegistry, said that:

“We are excited that communities, proponents and representatives of projects ranging from Latin America to India to Turkey will soon be able to make their credits available for trading on the CBL spot market.”

EcoRegistry has participated in the carbon credit initiative Climate Action Data Trust

The World Bank, along with the International Emissions Trading Association (IETA) and Singapore, launched the CAD Trust last year. The goal is to bring transparency to the carbon credits market and aid countries to raise climate finance faster.

Cercarbono Carbon Credits

In 2016, Cercarbono was created to provide climate solutions through the voluntary certification of carbon credits. It has a Voluntary Carbon Certification Programme, which allows for the certification, issuance, and registry of carbon credits from climate change mitigation projects.

Cercarbono carbon credits standard

Cercarbono carbon credits will trade alongside CBL’s suite of Global Emissions Offset or GEO standardized contracts. They will also trade with other project-specific credits from American Carbon Registry, Climate Action Reserve, Gold Standard, and Verra. 

Xpansiv CBL launched its latest carbon offset contract Sustainable Development Global Emissions Offset Contract (SD-GEO) in November last year. It adds up to two other contracts under the market’s GEO line of products: N-GEO and C-GEO.

In 2022, there were 250+ different projects generating carbon credits from 34 countries traded on the Xpansiv CBL spot market. Senior VP of Supply & Ecosystem, Amy Bann said that:

“Xpansiv CBL participants can now transact Cercarbono credits on our platform alongside the other carbon and renewable energy contracts they trade currently.”

Xpansiv operates the leading multi-registry portfolio management system and market data service. The spot exchange provides the market infrastructure to scale up the world’s energy transition.

Xpansiv is now working with clients to set up EcoRegistry accounts before the launch of live trading on February 21st. 

Most Popular

Humanity is on Thin Ice Says UN Climate Report

The UN Intergovernmental Panel on Climate Change (IPCC) released its 6th Assessment Report with a key message that the planet is running out of...

Will Big Oil Be Forced to Pay for Climate Damages

The U.S. Department of Justice sided with Colorado's local governments, which is the most recent case of a growing wave of governments pushing for...

The EU Net-Zero Industry Act Explained

The European Commission (EC) proposed the Net-Zero Industry Act to ramp up manufacturing of clean technologies in the EU and make the bloc prepared...

Carbon Credits from Efficient Railways

EKI Energy Services Ltd. (EKI) has made a deal to provide consultancy service contracts for the carbon credits project of Kochi Metro Rail Limited...

What are Renewable Energy Credits vs. Carbon Credits

Also known as green tag, the use of renewable energy credits (RECs) have been on the rise as entities are looking for ways to...

Wood Vault: a Carbon Storage System to lock CO2 away

Removing carbon dioxide through dead trees and storing it for thousands of years underground is a mission that seems to attract nobody. But a...

How Do Carbon Offsetting Projects Work?

All companies will have to take responsibility for their carbon footprint and carbon offsetting projects are becoming their strong ally.  A business may have already...

Inside Carbon Markets: Problems, Causes, and Potential Solutions

The recent scandals in the carbon markets show that just like other markets with contested reputations, rules are needed that go beyond certification. There should...