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
SwapsInfo H1 2025 and Q2 2025
Interest rate derivatives (IRD) trading activity increased in the first half of 2025, driven by continued interest rate volatility, evolving central bank policy expectations and persistent macroeconomic uncertainty. Trading in index credit derivatives also rose, as market participants responded to...
ISDA Response to IFSCA Consultation
On August 5, ISDA responded to the International Financial Services Centres Authority’s (IFSCA) consultation on reporting and clearing of over-the-counter (OTC) derivatives contracts booked in International Financial Services Centres (IFSC). In the response, ISDA provided the following recommendations: Not mandating...
ISDA Response to BIS on Tokenization
On July 30, ISDA submitted a response to a Bank for International Settlements (BIS) consultation on leveraging tokenization for payments and financial transactions. In the response, ISDA focused on the legal, regulatory and documentation issues relevant to the derivatives market,...
ISDA In Review – July 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in July 2025.