EM Podcast: How Will Carbon Fare After the Kyoto Protocol Expires in 2012?
The global carbon market grew 6% in 2009, to $144 billion, according to the World Bank’s State and Trends of the Carbon Market 2010, but most of that growth came in the secondary market while a project shortage looms in the future. Ecosystem Marketplace’s Kate Hamilton speaks with report co-author Philippe Ambrosi about the report and its implications.
The global carbon market grew 6% in 2009, to $144 billion, according to the World Bank’s State and Trends of the Carbon Market 2010, but most of that growth came in the secondary market while a project shortage looms in the future. Ecosystem Marketplace’s Kate Hamilton speaks with report co-author Philippe Ambrosi about the report and its implications.
Click to hear the Full Interview with Philippe Ambrosi
28 May 2010 | COLOGNE | The World Bank released its State and Trends of the Carbon Market 2010 Report at the Carbon Expo here in Cologne on Wednesday, and the news is distressing to say the least.
While the market grew last year, the report attributes the bulk of that growth to trading in the secondary market and says that the origination of new projects “ground to a halt” as prices fell while governments failed to agree on what will happen once the Kyoto Protocol expires at the end of 2012.
Ecosystem Marketplace Director Kate Hamilton spoke with report co-author Philippe Ambrosi and filed this report:
Click to hear the Full Interview with Philippe Ambrosi
Katherine Hamilton is the Director of Ecosystem Marketplace. She can be reached at [email protected].
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