The following post was originally included as part of our recently published memorandum “Selected Issues for Boards of Directors in 2023”.
As the importance of the voluntary carbon markets to global decarbonization goals grows, so too does U.S. regulatory and legal interest in this area, and the importance to public companies and their boards.
We briefly explain the voluntary carbon markets before discussing related Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) regulatory developments and the potential impact of the Inflation Reduction Act on these markets in the U.S. The development of transparent, sound and efficient voluntary carbon markets is of vital importance to the growing number of companies using carbon credits to help meet their emissions reduction and net zero goals and to comply with growing disclosure and related regulatory mandates.
To read the full post, please click here.
For a PDF of the full memorandum, please click here.