FAQs on 2022 ISDA Verified Carbon Credit Transactions Definitions

[Updated November 20, 2025]

ISDA has produced the attached FAQs document in order to provide additional information on the use of the 2022 ISDA Verified Carbon Credit Transaction Definitions. It may be updated from time to time.

This version of the FAQs includes updates related to Version 3 of the 2022 ISDA VCC Definitions (published in November 2025).

For any questions, members can email ISDA’s legal department at isdalegal@isda.org

Documents (1) for FAQs on 2022 ISDA Verified Carbon Credit Transactions Definitions

Key IRD Trends from BIS 2025 Survey

This paper highlights changes in over-the-counter (OTC) interest rate derivatives (IRD) markets between April 2022 and April 2025, based on data from the Bank for International Settlements (BIS) Triennial Central Bank Survey. The survey provides a comprehensive view of global...

RMB IRD Growth in Mainland China & Hong Kong

This report analyzes interest rate derivatives (IRD) activity in mainland China and Hong Kong, with a particular focus on renminbi (RMB)-denominated IRD. It examines market growth, structure and integration across onshore and offshore centers, and places these developments within the...