The CFTC requested comment on issues being addressed by the Climate-Related Market Risk Subcommittee of the Market Risk Advisory Committee (or "MRAC").
The CFTC asks for public input in identifying (i) challenges to evaluating and managing climate-related financial and market risks; (ii) how market participants can improve integration of climate-related analyses into disclosures, market assessments and reporting; (iii) risk management and disclosure policy initiatives and best practices; (iv) methods by which data and analyses can enhance and contribute to assessment of climate-related financial market risks and their impact on various commodities; and (v) financial and market risks arising from policy responses to climate change.
Comments must be submitted by May 14, 2020.
Commentary Steven Lofchie
See also CFTC Commissioner Rostin Behnam Warns of Market Risks Associated with Climate Change and associated commentary.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
