climate change

ISDA 35th AGM: Are Derivatives a Green Solution?

ISDA 35th AGM: Are Derivatives a Green Solution?

Unraveling how to effectively mitigate the economic and market risks associated with climate change was the focus of an ISDA meeting session on Tuesday, but while the panel of international regulators and banking officials outlined their considerable and ongoing efforts, a clear path to a uniform solution remained elusive.

FIA Boca-V: Acting Chairman Behnam Looks For Expedience and Patience in CFTC’s Climate Change Response

FIA Boca-V: Acting Chairman Behnam Looks For Expedience and Patience in CFTC’s Climate Change Response

In a one-on-one discussion with FIA President Walt Lukken on Thursday, Acting CFTC Rostin Behnam talked about the commission’s new Climate Risk Unit, saying the unit will let the commission pivot its attention away from the broader concerns about the effects of climate change on financial markets raised in last year’s report from the CFTC’s Market Risk Advisory Committee to a focus on derivatives’ role in smoothing the transition to zero carbon emissions by 2050. 

John Lothian Newsletter

Today’s Newsletter

We visit more than 100 websites daily for financial news (Would YOU do that?)

JLN Options Newsletter

Today’s Newsletter

Everything you need to know about Options Today

Pin It on Pinterest