Natsource Reports Explosive Greenhouse Gas Market Growth

Natsource LLC, an emissions and renewable energy asset manager, has completed its annual analysis of greenhouse gas (GHG) market activity in 2005 and the first quarter of 2006 on behalf of the World Bank’s Carbon Finance Unit. The analysis shows extensive growth in traded volumes for European Union Allowances (EUAs) and Certified Emission Reductions (CERs) created by Clean Development Mechanism (CDM) projects located in developing countries that have ratified the Kyoto Protocol (KP). These transactions were valued at $10.9 billion in 2005. Natsource’s research was commissioned by the World Bank and incorporated into the World Bank Carbon Finance Business’s sixth annual “State and Trends of the Carbon Market” report scheduled to be released today at Carbon Expo in Cologne, Germany. These reports have covered GHG market activity from 1996-2006. Natsource is the only company that has provided information and analysis for all of these reports. “The initiation of the European Union Trading System and entry into force of the Kyoto Protocol increased firms’ and governments’ demand for compliance instruments to meet greenhouse gas emission reduction requirements. The issuance of allowances by European governments and increased clarity regarding the rules governing the project-based mechanisms provide buyers with more options for meeting […]

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