Currently (16-17 Oct) hold in Amsterdam, Netherlands the international Conference “Make Markets work for Climate” will “explore how to create economic and financial opportunities to invest in low-greenhouse gas emitting energy technologies in developing countries. ”

Quoted from Conference Document:

The international carbon market is a fast-growing and evolving market. The overall value of the aggregated carbon market exceeded US$10 billion in 2005 and US$7.5 billion in the first quarter of 2006. Some analysts have predicted that it will be valued at between US$25 to US$30 billion in 2006.

Such growth suggests that the carbon market can become one of the important sources for raising the future energy requirements of developing countries, which are estimated at US$ 8 trillion. The long-term viability of this source depends on carbon market continuity and certainty.

In order to raise the enormous amounts of money required, a whole new carbon market needs to be created through new, innovative mechanisms.

The background document shows interesting figures about successful solutions.

Venue: Tuschinski Theater, Regulierbreestraat 26-34, 1017 CN Amsterdam