ISDA CEO Scott O'Malia urged further adoption of measures to facilitate a robust trading environment for voluntary carbon markets.
January 17, 2023
ISDA CEO Scott O'Malia urged further adoption of measures to facilitate a robust trading environment for voluntary carbon markets.
In its 2021 Annual Report, the Financial Stability Oversight Council assessed the state of the financial system and provided recommendations concerning climate-related financial risk, digital asset risk, the orderly transition away from LIBOR, and cybersecurity.
ISDA published a new U.S. Renewable Energy Certificate ("REC") Annex intended to allow firms to transact in RECs based on standardized product terms in environmental, social and governance areas.
In a new report, researchers at the European Capital Markets Institute of the Centre for European Policy Studies found that derivatives markets can "contribute to the significant capital raising and investing that will be required to transition to a low carbon economy."