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Xpansiv’s CBL Marketplace to Host BeZero’s Global Carbon Ratings

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Xpansiv, the global marketplace for transacting data-driven commodities and ESG-inclusive products, has partnered with BeZero Carbon, a global carbon ratings agency, to host carbon credit ratings for all sectors and project types for the first time.

The partnership will see ratings for more than 230 projects from all major accreditors made available to Xpansiv’s XSignals daily data subscribers via API-integration, ahead of being hosted on CBL’s trading screen later in 2022. 

Xpansiv market CBL is the world’s leading spot exchange for ESG commodities, and host to the GEO and N-GEO standardised spot contracts. CBL provides buyers and sellers with liquidity, transparent price discovery, risk-transference mechanisms, and reliable benchmarks for the global carbon market. 

BeZero Carbon is an independent global carbon ratings agency. Its ratings and risk analytics products provide all voluntary carbon market (VCM) participants with a universal language of risk.

The BeZero Carbon Rating represents the current opinion of the likelihood that a given credit achieves a tonne of CO₂e avoided or removed. All ratings are monitored on an ongoing basis. To ensure transparency all ratings process and methodology documents are publicly available.

Andy Bose, Head of XSignals, Xpansiv's market data and analytics service, said:

“Xpansiv is pleased to partner with BeZero to continue to improve the integrity and transparency of the voluntary carbon market. Our XSignals service provides the highest quality VCM data, combining CBL transaction data and supporting data from a growing network of partners. Integrating BeZero Carbon ratings will provide clients with even deeper data to evaluate credit quality across various project types—an important development on the road to net zero.”

Tommy Ricketts, CEO and co-founder of BeZero Carbon, said:

“We’re delighted to announce this partnership with Xpansiv. It marks an important step towards building even greater confidence in the VCM. Better understanding the different qualities and properties of all types of carbon credits is a universal challenge for all market participants.”

Sebastien Cross, BeZero co-founder said: 

“Effective markets rely on credible information infrastructure to efficiently price and allocate risk. Everyone from developers, investors, traders, to end buyers will benefit from now having a universal language of risk.”