On May 2, 2022, ISDA submitted a response to the European Commission’s consultation on the development of an EU certification scheme for carbon removals. The response leverages ISDA’s previous submission to the UK’s Climate Change Committee on carbon offsets and highlights ISDA’s support for the creation of an EU carbon removal certification framework. In its response, ISDA notes that the lack of clarity about the legal nature of voluntary carbon credits (VCCs) is one of the main obstacles to creating a robust VCC market, which, in turn, will enable the development of a clear price signal for carbon and allow funds to be efficiently channeled towards emissions-reducing projects.
Documents (1) for ISDA Responds to European Commission Consultation on the Certification of Carbon Removals
Latest
ISDA In Review – December 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in December 2025.
Response to EC on Market Risk Prudential Framework
On January 6, ISDA, the Association for Financial Markets in Europe (AFME) and the Institute of International Finance (IIF) submitted a joint response to the European Commission’s (EC) targeted consultation on the application of the market risk prudential framework. ISDA,...
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Response on CCP Participation Requirements
On December 24, ISDA responded to a consultation from the European Securities and Markets Authority (ESMA) on central counterparty (CCP) participation requirements. Participation requirements for CCPs are vital for safe and efficient clearing markets, and ISDA broadly supports ESMA’s consultation...