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 As markets continue to evolve, any data standardization initiative could easily become out of date at this stage.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
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