Financial markets have a major role to play in global efforts to address climate change and the transition to a green economy. If countries are to meet their commitments to reduce carbon dioxide emissions to net zero by 2050, trillions of dollars of capital will need to be raised to invest in the infrastructure that is required. The derivatives market will be critical in enabling firms to manage the associated risks and supporting the development of voluntary trading of carbon credits. Over the past year, ISDA has developed a strategy to support this transition to a green economy, spanning standards, documentation and regulation. This virtual press briefing of senior industry executives explores ESG and derivatives.
Speakers included:
- Scott O’Malia, chief executive officer, ISDA
- Bella Rozenberg, head of regulatory and legal practice, ISDA
- Panayiotis Dionysopoulos, head of capital, ISDA
- Chris Leeds, head of carbon markets development, Standard Chartered Bank
If you can’t access the YouTube video above, please click here to view the recording.
Latest
An Important Step Towards Efficient Reporting
Of all the problems that have hindered effective trade reporting in the derivatives market, one of the most difficult to resolve has been duplication. In the EU, both parties to a trade are mandated to submit the same information, while...
The ISDA Notices Hub: One Year On
In times of war, armed forces are often required to mobilize over large distances at short notice. The most dreaded response to the question of how they are to be transported is ‘by LPC’, meaning ‘leather personnel carrier’ – the...
ISDA Response to OSC Call for Feedback
On June 26, ISDA responded to the Ontario Securities Commission’s (OSC) consultation on facilitating access to its regulatory framework and reducing the burden for capital markets participants by publishing a machine-readable dataset of regulatory instruments. ISDA's comments are supportive of...
ISDA Comments on EP's MISP Draft Reports
On July 15, ISDA shared comments with policymakers in the European Union on the European Parliament’s (EP) draft reports by Member of the European Parliament (MEP) Markus Ferber and MEP Eero Heinäluoma on the Market Integration and Supervision Package (MISP)....