Offset

Xpansiv, the premier market-infrastructure platform for environmental commodities, today announced the launch of a new benchmark carbon-offset contrac.

[Global Carbon business](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.macquarie.com%2Fus%2Fen%2Fabout%2Fcompany%2Fcommodities-and-global-markets%2Fglobal-carbon.html&esheet=52957309&newsitemid=20221101005777&lan=en-US&anchor=Global+Carbon+business&index=4&md5=5ab9c0faef6b15f25eab0437eb82f2bb)—an Xpansiv investor and co-marketer of carbon offsets from a suite of CQC cookstove projects—called the launch of the SD-GEO contract a “pivotal moment” in simplifying the path to net zero. The “Global Carbon” division of the Commodities and Global Markets group builds on Macquarie’s group-wide energy transition activity and is a continuation of the Group’s 15-year involvement in physical and financial aspects of carbon and environmental product markets around the world. C-Quest Capital (CQC) is a world-leading carbon project developer whose purpose is to transform the lives of low-income rural families whose health, well-being, and economic welfare are most at risk from climate change. The business provides integrated carbon offsetting solutions across the entire offset lifecycle from generation through to retirement, providing clients with greater access to voluntary and compliance carbon offsets as well as originating, structuring and bringing capital to carbon removal and reduction projects. [Xpansiv.com](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.xpansiv.com%2F&esheet=52957309&newsitemid=20221101005777&lan=en-US&anchor=Xpansiv.com&index=11&md5=ba5ed0883620b8a2c0d8dd5c9c677510) CQC does this by providing access to clean energy technologies and sustainable land-use solutions that reduce greenhouse gas emissions, combat global climate change, and improve the lives of those in need. [Xpansiv market CBL](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fxpansiv.com%2Fcbl%2F&esheet=52957309&newsitemid=20221101005777&lan=en-US&anchor=Xpansiv+market+CBL&index=2&md5=a59f50e34a5078ea1b0da8dbdfddea6e), provides a benchmark for market participants and corporates to transact high-quality carbon offsets from projects that also deliver high social impact. The SD-GEO is the next contract in the GEO series that will bring transparency, price certainty, and a simplified selection process to a vital subset of the offset market—another important step toward a carbon-neutral future.” “Clean cookstove projects deliver significant sustainable development impact, with our high-quality projects reaching 9–11 SDGs, bringing permanent and measurable improvements to the rural poor,” said Chen Yang, Chief Commercial Officer, C-Quest Capital (CQC). These Intelligent Commodities bring transparency and liquidity to markets, empowering participants to value energy, carbon, and water to meet the challenges of an information-rich, resource-constrained world. “The concept of co-benefits is not new to CBL’s standardized offset contracts,” said Xpansiv Chief Commercial Officer Ben Stuart. “Corporates often look for offset projects that mitigate emissions while also having co-benefits for local communities—projects like clean cookstoves,” said Russell Karas, Xpansiv Head of Carbon Market Development.