For too long, companies and individuals around the world have desired a solution to disparate carbon pricing and standards. The uniqueness and regional nature of emissions trading schemes and carbon offset projects have prevented harmonization between programs, and ultimately, the development of a standardized price. It is a difficult task to mitigate climate risk without a universal benchmark, which has proven elusive, until now.
As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. Comprised of four exchanges - CME, CBOT, NYMEX and COMEX - we offer the widest range of global benchmark products across all major asset classes, helping businesses everywhere mitigate the myriad of risks they face in today's uncertain global economy.
Follow us for global economic and financial news.