Voluntary Carbon Emissions Offset futures

Access standardized and validated instruments to manage risk in the emerging voluntary carbon emissions market.

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

Voluntary Carbon Emissions Offset Trailing futures

Coming August 8*: CBL Core Global Emissions Offset Trailing and CBL Nature-Based Global Emissions Offset Trailing futures will allow you to trade futures on vintages no longer covered by C-GEO and N-GEO futures.

*Pending regulatory review

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.

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.

Vendor Codes

CME Globex

CGO

CQG

CGO

DTN

QCGO

Itiviti (Orc & Tbricks)

CGO

TT

CGO

Bloomberg

UGYA <Comdty>

Refinitiv

GCP

Vela

CGO

Fidessa

CGO

FIS Global

CGO

ION (Pats & FFastFill)

CGO


CME Globex

GEO

CQG

GEO

DTN

CGOQGEO

Itiviti (Orc & Tbricks)

GEO

TT

GEO

Bloomberg

UGEA <Comdty>

Refinitiv

OEG

Vela

GEO

Fidessa

GEO

FIS Global

GEO

ION (Pats & FFastFill)

GEO


CME Globex

NGO

CQG

NGO

DTN

QNGO

Itiviti (Orc & Tbricks)

NGO

TT

NGO

Bloomberg

LGOA <Comdty>

Refinitiv

NGO

Vela

NGO

Fidessa

NGO

FIS Global

NGO

ION (Pats & FFastFill)

NGO


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.

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.

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