|
Dear readers,
The road to Cancun remains a rocky one after talks in Tianjin, China, at the beginning of the month failed to reach meaningful consensus on key issues such as a potential global climate financing fund, measurement, reporting and verification standards and market mechanisms.
While environmental groups stress that the clock is ticking to reach an agreement if we’re to curb climate change, carbon markets are likewise feeling the crunch with the 2012 post-Kyoto period fast approaching. The article “Determining carbon credit demand until 2020” looks at the issues impacting demand as the first Kyoto Protocol period comes to an end.
Even though it seems unlikely that there will be a binding climate agreement before the South African climate summit in 2011, other forces are coming into play and pushing developing nations to build their renewable energy capacities, particularly in Asia.
Asia faces the dual challenge of meeting the rising energy demands of its growing middle class and at the same time reducing its dependence on foreign fuel sources. In response, China, India and smaller Asian governments are offering significant incentives to attract renewable energy infrastructure investors.
The article “Is Asia going green? Institutional investors look to the east” studies why Asia’s demand for energy and governments’ response in the form of investment incentives are here to stay. It also introduces how the Asia clean energy demand phenomena gives institutional investors a new way to access both green investments and emerging markets.
With kind regards,
|
