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HomeAg NewsCFTC Announces Second Voluntary Carbon Markets Convening July 19

CFTC Announces Second Voluntary Carbon Markets Convening July 19

The Commodity Futures Trading Commission announced the second voluntary carbon markets convening set for next month. The meeting will be held on Wednesday, July 19, at the CFTC’s Washington, D.C. headquarters at 11:30 a.m.

The purpose of the meeting is to discuss recent private sector initiatives for high-quality carbon credits, current trends and developments in the cash and derivatives markets for carbon credits, and public sector initiatives related to carbon markets. CFTC Chairman Rostin Behnam says, “The voluntary carbon markets are at a critical point in their development and growth, and the has an important policy responsibility to promote product innovation, price discovery, and liquidity for high-quality carbon credits.”

As the voluntary carbon markets evolve, the goal of the meeting is to build upon the information discussed at the CFTC’s first convening and the information learned from public comments as submitted in response to the Commission’s June 2022 Request for Information on Climate-Related Financial Risk.

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