ISDA Response to CDSC Consultation on Common Carbon Credit Data Model

On August 12, ISDA responded to a consultation from the Climate Data Steering Committee (CDSC) on a Common Carbon Credit Data Model. ISDA members believe the Group-of-20 carbon data model initiative is a positive step in addressing data gaps and interoperability from a top-down perspective. As markets continue to evolve, any data standardization initiative could easily become out of date at this stage. It will be critical to ensure sufficient take-up necessary to make this initiative successful given it is voluntary. The response supports the setting up of a standard global carbon data taxonomy with appropriate ongoing maintenance and oversight through global industry bodies and a consensus process, which can be a more lasting and durable solution overall.

Documents (1) for ISDA Response to CDSC Consultation on Common Carbon Credit Data Model

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...