Climate

Letter to the Commodity Futures Trading Commission Markets Risk Advisory Committee's Climate Related Market Risk Subcommittee

The Institute for Agriculture and Trade Policy (IATP) appreciates the opportunity to respond to the issues identified in the Notice. IATP first wrote on June 19, 2019 to the Commission on these issues. We are responding to four of five topics outlined in the Notice, plus our “Urgency and ambition” topic. IATP hopes that these brief comments will help the Subcommittee prepare its report for MRAC. We look forward to reading the report and to commenting on the CFTC’s proposals for implementing the “actionable materials” recommended by MRAC following its review of the report.

U.S.-Kenya FTA and the rights to land and food

You might be surprised to learn that while we’re all sheltering in place and wondering what comes next, trade negotiations that could set labor, environmental and climate rules for decades to come are moving forward. The U.S. Trade Representative (USTR) has announced plans to negotiate a free-trade agreement with Kenya. This would be the first free-trade agreement the U.S. has negotiated with an African nation.