Carbon Credits Not Derivatives, Says Regulator

Brazilian securities regulator Comissão de Valores Mobiliários has ruled that carbon credits are not derivatives, and that they should be treated as separate investments.

  • 23 Jul 2009
Brazilian securities regulator Comissão de Valores Mobiliários has ruled that carbon credits are not derivatives, and that they should be treated as separate investments. CVM explained its decision by explaining that the credits are mainly used as instruments to cut down on greenhouse gas emissions. It went on ...

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