Financial markets have a major role to play in global efforts to address climate change and the transition to a green economy. If countries are to meet their commitments to reduce carbon dioxide emissions to net zero by 2050, trillions of dollars of capital will need to be raised to invest in the infrastructure that is required. The derivatives market will be critical in enabling firms to manage the associated risks and supporting the development of voluntary trading of carbon credits. Over the past year, ISDA has developed a strategy to support this transition to a green economy, spanning standards, documentation and regulation. This virtual press briefing of senior industry executives explores ESG and derivatives.
Speakers included:
- Scott O’Malia, chief executive officer, ISDA
- Bella Rozenberg, head of regulatory and legal practice, ISDA
- Panayiotis Dionysopoulos, head of capital, ISDA
- Chris Leeds, head of carbon markets development, Standard Chartered Bank
If you can’t access the YouTube video above, please click here to view the recording.