Home ESG International Organization of Securities Commissions Takes ESG Action (Part 1)

International Organization of Securities Commissions Takes ESG Action (Part 1)

by delta
0 comment

The International Organization of Securities Commissions (IOSCO) has been active in ESG matters recently. It published its final report on Compliance Carbon Markets. The findings in the report build “upon the lessons learned from existing compliance carbon markets and good practices in commodity derivatives markets, this report delves into both primary markets and secondary markets considerations, spot and derivatives trading”:

“This report suggests the same comprehensive oversight that promotes transparency and integrity in commodities markets could be applicable to CCMs as well… The report includes a total of twelve recommendations relating to primary market functioning, transparency and predictability of primary market decisions; market structures for primary markets, covering allowance allocation mechanisms, market stability mechanisms and primary market access; and secondary market functioning, with particular focus on market integrity, transparency and structure.

Finally, the report includes a section on international carbon markets and a unique carbon price, to consider mechanisms that would, over time, lead to a consistent price for carbon globally.”

IOSCOs work may help improve the viability of carbon markets – if their recommendations are implemented by regulators and market participants. This is something to watch.

The post International Organization of Securities Commissions Takes ESG Action (Part 1) appeared first on PracticalESG.

You may also like

Leave a Comment


Delta-Compliance.com is a premier news website that provides in-depth coverage of the latest developments in finance, startups, compliance, business, science, and job markets.

Editors' Picks

Latest Posts

This Website is operated by the Company DELTA Data Protection & Compliance, Inc., located in Lewes, DE 19958, Delaware, USA.
All feedback, comments, notices of copyright infringement claims or requests for technical support, and other communications relating to this website should be directed to: info@delta-compliance.com. The imprint also applies to the social media profiles of DELTA Data Protection & Compliance.

Copyright ©️ 2023  Delta Compliance. All Rights Reserved