Voluntary Carbon Emissions Offset futures
Access standardized and validated instruments to manage risk in the emerging voluntary carbon emissions market.
Lead the Netherlands in sustainability by transforming your carbon strategy.
Most liquid voluntary emissions
Standardized, transparent markets foster true price discovery, enabling fair market valuations of carbon offsets via around the clock, globally accessible markets.
More flexibility
Our suite of contracts meets the Verified Carbon Standard (VCS) and Verra Registry’s stringent Climate, Community and Biodiversity (CCB) Standards.
Price transparency
Trade any of our three emissions offset futures contracts on CME Direct or Trayport, providing real-time price data across CME Globex and CME Clearport.
Voluntary carbon emissions offset market news and Events
Get the latest updates on the voluntary carbon emissions offset market with product news and information, macro trends, and more.
PRODUCTS
Manage Risk Related to EU Allowance Credits
Now trading: European Union Allowance (EUA) futures and options provide physical delivery of allowance credits in accordance with the European Union Emissions Trading System (EU-ETS).
Voluntary carbon emissions offset products
CBL Core Global Emissions Offset (C-GEO) futures, CBL Nature-Based Global Emissions Offset (N-GEO) futures and the original CBL Global Emissions Offset (GEO) futures contracts are physically-settled featuring CBL’s seamless physical offset delivery process.
See the latest block trade information for our voluntary carbon emissions offset product suite.
European Union Allowance (EUA) options exercise & assignment prices
Exercise & assignment prices are available at approximately 13:15 London local time on the contract expiry date. Find contract expiry dates on the interactive expiration calendar.
Vendor Codes
Resources
Reports
NYMEX Emissions Report
Subscribe to receive a daily recap of prior day volume, open interest, and settlement prices for CBL Global Emissions Offset (GEO) futures and CBL Nature-Based Global Emissions Offset (N-GEO) futures delivered each morning to your inbox.
Platforms
CME Direct
Gain access to the CME Group futures, options, and block markets on one screen ‒ using this fast, secure, and highly configurable trading front-end.
CME ClearPort
Access a flexible suite of clearing services and capabilities and gain the advantages of security, efficiency, and confidence.
Tools for your trading strategy
Explore our industry-leading tools to gain insights that inform the way you trade.
Open Interest Profile Tool
Analyze open interest and open interest change patterns for each expiration within the selected product.
Other tools for the trade
Voluntary carbon emissions offset market insights
Explore our industry-leading tools to gain insights that inform the way you trade.
Courses
Take self-guided courses on the voluntary carbon market and products
The courses below can help you quickly understand the voluntary carbon market and start trading.
Contact a Carbon Emissions expert
Connect with a member of our expert team by emailing us at emissions@cmegroup.com to get more information about our products.