Environmental Market Opportunities

Market Making In Environmental Commodities

As market mechanisms emerge to help address carbon and other climate-related commodities, we are looking for ways to play a constructive role in facilitating the efficient development of these markets.

For example, we have been a market maker in carbon credits, participating in the EU Emission Trading Scheme from its inception. We have also facilitated transactions in weather derivatives, renewable energy credits and other climate-related commodities.

We continue to evaluate opportunities and, where appropriate, inform the development of and participate in markets for water, biodiversity and other ecosystem services. 

In September 2018, the Carbon Disclosure Project introduced a new index created by Euronext that is the first of its kind, which will base its selection on how companies perform on the three major environmental challenges, including climate change, deforestation and water scarcity. The index, Euronext CDP Environment Finance, will be exclusively licensed to Goldman Sachs, as the basis for structured products for sale in the interbank market in France.