Novarra BBX, LLC has launched a Carbon Credit Trading Desk, offering institutional and corporate participants access to global voluntary carbon markets through a live trading platform.
The desk enables the sourcing, trading and settlement of voluntary carbon credits across project types including nature-based solutions, industrial decarbonisation and verified emissions-reduction initiatives. It supports large-volume transactions, spot and forward contracts, and bespoke offtake arrangements aimed at meeting institutional governance and scale requirements.
Novarra has integrated the platform with Xpansive Connect and CBL Markets to provide access to market liquidity, standardised contract structures and price discovery. The desk also supports credits issued and tracked through the Verra Registry.
“Carbon markets are becoming increasingly important to institutional and corporate sustainability strategies, but execution risk, changes in verification methods, significant double-counting of credits, and market fragmentation remain significant challenges,” said Robert DiMarco, co-founder and chief executive of Novarra. “Our Carbon Credit Trading Desk is built to deliver the transparency, scale, and risk discipline that professional market participants require.”
The trading desk operates within Novarra’s compliance and risk framework, incorporating know-your-business and know-your-customer checks, transaction monitoring, registry verification, counterparty due diligence and post-trade reporting.
Looking ahead, the company plans to develop tokenisation and digital lifecycle management capabilities for carbon credits in 2026, subject to registry and regulatory requirements.
“Our roadmap reflects a measured, institutionally governed approach to innovation,” said Tracy Strassner, chief financial officer of Novarra BBX. “The trading desk is operational today, and future tokenisation initiatives will be built on a foundation of strong controls, accounting integrity, and market governance.”
