Christy Goldsmith Romero, CFTC Commissioner, outlined the CFTC’s proposals in a speech at ISDA’s ESG Forum on Promoting Market Resilience. The Commissioner repeatedly called climate change a ‘daunting’ challenge and one that poses “significant financial risk.” The Commissioner sees the CFTC “as a critical player in the story of climate
CFTC Commissioner proposes expanding the agency’s authority to climate-related products
The proposals suggest mirroring the Commission’s approach to digital assets and include the creation of a new category for climate-related products.