The Commodity Futures Trading Commission (CFTC) recently issued final guidance on the listing of voluntary carbon credit derivative contracts, outlining key criteria to enhance the credibility and integrity of the market. “Voluntary carbon markets can play a role in mitigating climate change, but only if the underlying carbon credits are high-quality,” said Kathy Fallon, Land Systems Director at Clean Air Task Force. “To date, inadequate standards, inconsistent implementation, and weak governance have led to the sale of low-quality credits leading to the loss of public and investor confidence. The CFTC’s…
Read MoreCFTC takes step to improve carbon markets, but major gaps remain
