Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » CFTC’s Historic Actions on Carbon Markets are Vital to Tackling Climate Change | Better Markets
    Carbon Credits

    CFTC’s Historic Actions on Carbon Markets are Vital to Tackling Climate Change | Better Markets

    userBy userSeptember 21, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    WASHINGTON, D.C.— Cantrell Dumas, Director of Derivatives Policy, issued the following statement in connection with the Commodity Futures Trading Commission (CFTC) approving final guidance regarding the listing for trading of voluntary carbon credit (VCC) derivative contracts:

    “The CFTC’s approval of its guidance for the listing and trading of VCC derivative contracts is a significant milestone. This guidance doesn’t regulate the credits themselves but the derivative contracts tied to them, ensuring the development of transparent and well-regulated markets for carbon derivatives. By establishing a framework that enhances trust and oversight in these markets, the CFTC is helping ensure that voluntary carbon credits play a meaningful role in combating climate change.

    “As carbon derivatives markets grow and evolve, it is vital that their underlying credits represent real, verifiable emissions reductions as stated in our comment letter. This guidance strengthens the market’s foundation, enhancing transparency and addressing critical issues like fraud, double-counting, and misrepresentation.

    “To track the progress of this guidance, the CFTC must now create a series of clear, specific, concrete, and measurable benchmarks and goals—what should be referred to as ‘green milestones.’ To ensure accountability, these milestones must be publicly disclosed. These milestones will help determine if carbon markets are working as intended and are genuinely helping the fight against climate change. By closely monitoring these milestones, the CFTC can ensure that voluntary carbon derivatives markets become powerful tools for real environmental progress, not just empty promises

    You can also see our recent fact sheet on the CFTC and carbon markets here.

    ###

    Better Markets is a non-profit, non-partisan, and independent organization founded in the wake of the 2008 financial crisis to promote the public interest in the financial markets, support the financial reform of Wall Street and make our financial system work for all Americans again. Better Markets works with allies—including many in finance—to promote pro-market, pro-business and pro-growth policies that help build a stronger, safer financial system that protects and promotes Americans’ jobs, savings, retirements and more. To learn more, visit www.bettermarkets.org.



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleIs Golub Capital BDC, Inc. (GBDC) the Best BDC Stock To Invest In?
    Next Article Palestinians say Israeli strike killed 22 in shelter, army says militants hit By Reuters
    user
    • Website

    Related Posts

    EPA plan to roll back power plant emissions limits could upend Alaska’s carbon credit plans

    May 24, 2025

    Paraguay and Singapore sign key carbon credit agreement

    May 24, 2025

    India’s carbon credit market must serve farmers, not just corporations | Policy Circle

    May 23, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d