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Sustainable Finance archive

  • FIA responds to CFTC guidance on the listing of voluntary carbon credit derivatives

    The Commodity Futures Trading Commission's proposed guidance on voluntary carbon markets is a welcome attempt to strengthen the integrity of these markets, FIA says in a response to the proposal. However, if the CFTC intends to establish additional requirements for exchanges that list derivatives on carbon credits, it should engage in a formal rulemaking process.

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  • CFTC continues to explore its role in voluntary carbon markets 

    The US Commodity Futures Trading Commission held its second "voluntary carbon markets convening" on 19 July to gather expert input on the state of the carbon markets.   

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  • CFTC committee discusses market risk issues

    The US Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee (MRAC) on 10 July, discussing wide-ranging issues including CCP risk and governance, interest rate benchmark reform, market structure issues, and climate-related market issues.

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  • CFTC Energy and Environmental Markets Advisory Committee announces leadership and workstreams  

    The US Commodity Futures Trading Commission's Energy and Environmental Markets Advisory Committee held a meeting on 27 June outside of Salt Lake City, Utah. It marks the third EEMAC meeting under the sponsorship of CFTC Commissioner Summer Mersinger. 

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  • FIA responds to IOSCO consultation on carbon markets

    FIA has responded to an International Organization of Securities Commissions (IOSCO) public consultation on recommendations for establishing sound Compliance Carbon Markets (CCMs) and on key considerations for enhancing the resilience and integrity of Voluntary Carbon Markets (VCMs).

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  • FIA joins associations in call for risk-based approach to CSDDD

    FIA has joined with three other associations in a whitepaper that highlights the importance of ensuring the proposed EU Corporate Sustainability Due Diligence Directive (CSDDD) takes a proportionate, risk-based and workable approach and that it provides a clear, practical and legally certain framework.

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  • European Parliament publishes study aligned with FIA EU ETS advocacy 

    On 6 December, the European Parliament (EP) published a study titled "The role of financial operators in the ETS market," which investigated the role of financial actors, such as banks and investors, in the EU Emissions Trading System (ETS) and their role in determining price dynamics and volatility.

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  • FIA responds to CFTC Request for Information on climate-related financial risk

    FIA has responded to the US Commodity Futures Trading Commission (CFTC) Request for Information (RFI), which sought public comment on climate-related financial risk to better inform its understanding and oversight of climate-related financial risk as pertinent to the derivatives markets and underlying commodities markets. 

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  • FIA responds to UK’s call for evidence on Green Finance Strategy

    FIA has responded to the UK government’s call for evidence to support its update of the Green Finance Strategy. The response stresses the need for well-balanced, principle-based regulation that complements and encourages market innovation. It also highlights new products as a potential growth area to support the transition to a low-carbon economy.

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  • CFTC explores role in voluntary carbon markets

    On 2 June, the US Commodity Futures Trading Commission (CFTC) held its first-ever Voluntary Carbon Markets Convening. The purpose of the meeting was to discuss issues related to the supply and demand for high quality carbon offsets, including product standardization and the data necessary to support the integrity of carbon offsets' greenhouse gas emissions avoidance and reduction claims.

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