Portfolio grows to offset_CO2 pollution

Xpansiv announced the launch of a new benchmarking of emissions offset contracts.

Xpansiv, the first market infrastructure platform for environmental commodities, announced the launch of a new benchmarking of offset contracts, Sustainable Development Global Emissions Offset (SD-GEO).

The standardized contract, which can be traded on Xpansiv market CBL, provides benchmarking for market participants and corporate actors to transact high-quality carbon offset projects that also have a high social impact. The SD-GEO platform will enable the delivery of biomass cookstove projects with a minimum of five sustainable development goals from Verra or Gold Standard registries.

Eligible projects are carefully vetted under the CBL Standard Instrument Program, which contains Global Emissions Offset (GEO), the first tool in this series developed by Xpansiv, in addition to Nature-Based Global Emissions Offset (N-GEO).

“Clean biomass cookstoves have a significant impact on sustainable development, and our high-quality projects have reached 9-11 SDGs to bring permanent, measurable improvements to disadvantaged rural populations,” said Chen Yang, Chief Commercial Officer of C-Quest Capital (CQC).

Source: Portfolio