S2 E3 - Unpacking a Commodity Futures Contract with Rick Gilmore
Untangling Climate Finance
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Integrating Carbon in Commodity Futures Contracts
This chapter explores the inclusion of carbon in commodity futures contracts, detailing the distinction between regulated and voluntary carbon markets and focusing on ICE instruments. It discusses the practical application of Commodity Futures Contract (CPC) using corn as an example, emphasizing good agricultural practices (GAP) and sustainable agriculture. The chapter also addresses the financial aspects of CPC and futures contracts in bulk commodities, highlighting the implications of the European Union's CBAM system and the potential expansion of a carbon border adjustment mechanism (CBAM).
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