Joint Trade Associations Letter on Linkage between UK and EU Emissions Trading Systems

On April 15, ISDA and 41 other trade associations sent letters to UK government and the European Commission highlighting the importance of linking the new UK Emissions Trading System and the EU’s Emissions Trading System as soon as practicable. Linkage will benefit both parties, and allow both the UK and EU to reach net zero faster and more cost effectively. The advantages of linkage are clear in terms of liquidity, price discovery and the ability to attract abatement from across a larger area. It would also create a level playing field in terms of carbon pricing, avoiding competitive distortions and leading to aligned cost implications for the industry across the UK and European Economic Area.

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Documents (2) for Joint Trade Associations Letter on Linkage between UK and EU Emissions Trading Systems

ISDA Presents Lock-Up Agreement Proposal

ISDA is pleased to present the proposed Lock-Up Agreements and CDS – Proposed Auction Solution. “Lock-Up Agreements” are market-wide arrangements, broadly standardized and predominantly integrated with court sanctioned restructuring or bankruptcy processes. Numerous end users will sign material Lock-Up Agreements...

Key Trends in OTC Derivatives Market H2 2024

The latest data from the Bank for International Settlements (BIS) over-the-counter (OTC) derivatives statistics shows a modest increase in notional outstanding during the second half of 2024 compared to the same period in 2023. Notional outstanding for interest rate, foreign...