One of the roles of Environmental markets is to provide important price signals to help re-balance the carbon cycle and meet the world’s atmospheric carbon budget to deliver a 1.5°C pathway for 2050. Listen to the All About the Green podcast where ICE talks about the importance of environmental markets for valuing externalities to facilitate the energy transition and to create an asset class for natural capital.
The Nature-Based Solutions Carbon Credit Futures, which trades under the contract code NBT, was launched on May 9, trading 102 lots. It physically delivers verified carbon unit (VCU) credits certified under Verra’s Verified Carbon Standard (VCS) Agriculture, Forestry and Other Land Use (AFOLU) Projects with Climate, Community and Biodiversity (CCB) Certification, with vintages between Jan. 1, 2016, to Dec. 31, 2020.
Each Nature-Based Solutions Carbon Credit Futures contract is equal to 1,000 carbon credits, where each credit is equal to the removal or reduction of one metric ton of greenhouse gas emissions achieved by projects that preserve and maintain natural ecosystems. ICE has listed NBT futures expiries in Dec. 2022, Dec. 2023, and Dec. 2024.
Global Carbon Index Futures
As the industry standard for data analysis, Python is a powerful tool for modeling financial market data.
ICE Connect: Python is a Desktop API that facilitates access to over 180+ global exchanges and multi-asset fundamental content, as well as proprietary ICE content (including S2F data), directly in Python for advanced data visualization.