Evolution Markets announces today it has brokered the first trade in the CBL Markets Nature-based Global Emissions Offset (N-GEO) contract.
The trade between Hartree Partners and Gazprom Marketing & Trading was for 10,000 N-GEOs, or 10,000 metric tonnes of CO2 equivalent from eligible nature-based (i.e. forestry, agriculture) project types. The price was US$5.00, and the trade was for spot settlement on the CBL Markets platform.
More details in our New Release. To learn more about carbon offset markets please contact our brokers at +44(0)20 7264 4550 / londoncarbon@evomarkets.com or +1 914 323 0265 / uscarbon@evomarkets.com.