Evolution Markets has brokered the first trade in the CME-listed futures contract for CBL Nature-based Global Emissions Offsets (N-GEO).
The N-GEO contract allows for the physical delivery of carbon offsets originating from nature-based activities, such as improved forest management or land use. This milestone trade introduces new financial solutions for risk management in global carbon offset markets.
More details on the milestone trade can be found HERE.
The inaugural N-GEO futures trade follows the recent announcement that our team facilitated the first spot, over-the-counter trade in N-GEOs, as well as the first trade in CME-listed carbon offset futures (not nature-based specific: GEO).
For more information on global carbon offset markets, please contact our carbon team at: londoncarbon@evomarkets.com, +44 (0)20 7264 4550; uscarbon@evomarkets.com, +1 914.323.0265.