Under the Kyoto Protocol and other policies to combat climate change, projects that reduce emissions of greenhouse gases also generate a valuable new commodity. The sale of emission reduction units or ‘carbon credits’ can significantly boost financial returns on climate-friendly projects and carbon finance provides a means of leveraging new private and public investment into projects that reduce greenhouse gas emissions, thereby mitigating climate change while contributing to sustainable development.
Two billion or more of carbon credits are expected to be generated over the next five years under Kyoto’s first stage. The trade could be worth upwards of $40 billion worldwide over that period based on current prices.
Capitalising on the success of last year’s ‘Carbon Finance Asia’ this year’s event will continue to provide a platform for international CERs buyers and investors meet carbon project owners and developers in Asia to discuss potential deals and partnership opportunities.
The event will help facilitate the meeting of buyers and sellers of CERs across Asia’s key CDM projects and showcase key CDM projects from Asia, latest carbon funds and trading activities in Asia Pacific.
Topics addressed include global supply and demand of carbon credits, regulation and policy developments, investment opportunities, corporate carbon footprint, CDM projects validation, verification and contracting, pricing and trading of carbon credits, acquisition of carbon credits for the different industries.
For more information on ‘Carbon Finance Asia 2008’, please contact Admin@EnergyAsia.com.