Q&A: CFTC’s Behnam on tackling market risk in climate change

Commissioner wants to see new derivatives products to help mitigate climate threat

Rostin Behnam_CFTC
Photo: John Harrington

Beating the drum on greater awareness of the risks posed by climate change can be a tough sell in the US. Rostin Behnam, commissioner at the Commodity Futures Trading Commission knows this – but he also has a plan he hopes allcomers can get on board with: the development of thriving new climate derivatives markets to help mitigate the risk.

In June, Behnam – a Democrat nominee who chairs the CFTC’s Market Risk Advisory Committee (MRAC) – announced the formation of a subcommittee dedicated to

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