CME Group, a marketplace for trading futures, options, and more, recently announced it will launch CBL Core Global Emissions Offset futures on March 7, 2022, pending all relevant regulatory reviews.
The pool of offset credits that underpin the CBL GEO, N-GEO and C-GEO contracts is deep, with approximately 230 million offsets available across these three different segments, offering participants choice in effectively meeting reduction targets.
The contract will allow the physical delivery of energy, renewables, and other technology-based voluntary carbon offset credits that meet quality and integrity criteria based on the Core Carbon Principles.