EU ETS – is the European carbon credit contract which is exchange traded. It is a
Futures
contract for the purposes of trading and delivering EUAs (European Union Allowance –
the
official name for the region’s emission allowances). One EUA allows the holder to
emit
one
ton of CO2 or C02 equivalent greenhouse gas.
Voluntary Market Carbon Pricing
Nature Based Carbon Offset
N-GEO futures contracts are comprised of Nature-Based offsets projects from the
Verra
registry –
projects that fall under the Agriculture, Forestry, or Other Land Use (AFOLU)
categories.
Nature-based solutions can provide valuable contributions to biodiversity, but it’s
also
often
considered more difficult to accurately verify the amount of carbon actually offset
in
nature-based projects.
Aviation Industry Carbon Offset
GEO’s futures contracts follow the International Civil Aviation Organization’s
CORSIA
standard. These carbon offsets from three major registries – Verra, the American
Carbon
Registry, and the Climate Action Reserve. Because it is based on high-quality carbon
credits
that adhere to the international aviation industry standard for emissions
offsetting.
They
are sometimes referred to as “Aviation Industry Carbon Offsets”.
Tech Industry Carbon Offset
C-GEO futures contracts are comprised of tech-based, non-AFOLU offset projects from
the
Verra registry that align with the CCPs. The C stands for “Core” or the Taskforce on
Scaling
Voluntary Carbon Markets’ Core Carbon Principles (CCPs). The CCP is an emerging set
of
transparent and consistent standards around the supply of carbon credits overseen by
the
Integrity Council for the Voluntary Carbon Markets. This is a tech based carbon
futures
contract.
