Rostin Behnam, commissioner at the US Commodity Futures Trading Commission, said establishing a price on carbon in the US is the most important step to manage climate risk and drive the appropriate allocation of capital. Benham sponsored the report, Managing Climate Risk in the U.S. Financial System, from the CFTC’s market risk advisory committee which was released this month. The climate subcommittee voted unanimously 34-0 to adopt the report. The commissioner gave a keynote speech yesterday at the The Rise of the Green Economy webinar hosted by FTSE Russell and PRI.