Event
First Climate co-hosting Capacity building seminar on post-2012 carbon market
Ort: Manila, Philippines
Co-hosted by the Philippine DNA, Philippine Bio Sciences Company, the Land Bank of the Philippines, Norton Rose and First Climate, the seminar addressed the following aspects:
· Current status of the global CDM market and the situation in the Philippines
· Recent developments regarding an international agreement and outlook beyond 2012
· Carbon credit demand/supply and price scenarios for the post-2012 period
· Project developer’s perspective: Hedging price and regulatory risks. Sell now or later?
· Who buys post-2012 carbon credits if Copenhagen fails? The role of carbon funds
· How banks assist in CDM project development
· Legal considerations in negotiations of ERPAs both pre- and post-2012
At 10:45 a.m., Lukas Heer, Regional Manager Southeast Asia with First Climate, gave a presenation about
The post-2012 CDM market
- CER demand and supply scenarios for the post-2012 period: Will CER prices go up or down?
- Why selling now? Hedging the risk of future CER price downturns
- How project developers can profit already today from guaranteed CER offtake
At 11:30 a.m., Julia Pashchenko, Project Manager SEA with First Climate, discussed
Monetizing post-2012 CER streams
- What projects qualify for post-2012 CER sales?
- How to make it happen: The process in selling post-2012 CER
- Everything you should know when you deal with a post-2012 CER buyer
