"CARBON TRADE" -China Confidential

Armen Vartanian, Director at EcoVentures and Carbon World Doha 2009 panellist shared in an interview with Emirates Business 24/7 the Middle East and North African (Mena), the region has a potential to generate $5bn a year from the carbon trading market.

Carbon World Doha 2009 panellist EcoVentures will be speaking on the topic, “Carbon Asset Management-how to structure deals for forward sales of carbon credits and hedge against volatility of carbon prices”, noted that there was not a single project on carbon trading in the region yet.

Mr. Vartanian expressed his view on the forces that will unlock the potential of the carbon markets in the region, “It depends entirely on the carbon market. We, as market participants, rely entirely on the market.”

He went on to add, “As long-term participants we are taking a bet that some sort of regulation will happen. There is a lot of interest. Doha Bank, for example has made a public announcement of their consideration to go into the carbon market." 

Doha Bank, another key panellist at Carbon World Doha 2009, announced in 2007 their aim to sell a $1 Billion sukuk to finance investment in renewable energy by mid 2008, using the money for projects such as setting up an exchange for trading greenhouse gas emissions permits.

In fact, Doha Bank plans to start the GCC’s first carbon-credits exchange in 2009 to tap the emerging market in emissions, although its fundraising efforts have been delayed due to the ongoing carbon market slowdown and global financial crisis.

In an interview, Doha Bank CEO Mr. R Seetharaman said the bank plans to invest $27 million in its electronic Qatari exchange, and has already spent $7million on a plot of land housed within Qatar’s Energy City business park development project.

Mr. Seetharaman, another key member of the CarbonWorld Doha 2009 panel, will be speaking on the topic, “Emergence of Carbon Exchanges in the Mideast & Trading Systems/Mechanism Worldwide & Its Impact on the Industry.”

Make sure you’re at Carbon World Doha 2009 to hear from these and other movers and shakers in the Global Carbon markets.

>>CLICK HERE TO CONFIRM YOUR PARTICIPATION for Carbon World Doha 2009!<<

Organisations contemplating investment in Middle East’s growing carbon markets are faced with a myriad of choices with strong initiatives undertaken by governments and industry.

To make sense of trends in the region’s emerging market, and pinpoint opportunities that can’t be missed, we sat down and conducted a conference call with two top executives at Ecosecurities Middle East for the CarbonWorld Interview.

An interactive discussion on the Middle East’s vast potential for participation in the global carbon trade and CDM project opportunities in the region, the CarbonWorld Interview will provide you with an exclusive sneak preview of the valuable insights and interaction you will get as a delegate of Carbon World Doha 2009.

You can’t afford to miss out on hearing from one of the most recognised names in the Middle East’s carbon market, Mr. Souheil H. Abboud, Ecosecurities’ Regional Director (Middle East), who has over 12 years of international experience in developing, managing, structuring and financing renewable energy and energy efficiency projects / companies in the Middle East and Southeast Asia.

During the interview, Mr. Abboud shared on why he believes the GCC has tremendous potential to become a key player in the global carbon market. Touching on the region’s oil and gas sector as a major growth factor, he said, “The average oil & gas project has the potential to generate an average of a million CERs per annum, as opposed to an average biogas or renewable energy project that can generate between a 100 to 200 CERs per annum. It’s a no-brainer. The size of the potential is enormous.”

Also contributing at the Carbon World Interview was Dr. Charbel Moussa, a Senior Project Manager at EcoSecurities Middle East DMCC.  Dr. Moussa has worked on several Emission Reduction projects across different technologies, including renewable energy, energy efficiency and methane avoidance, and is an expert on voluntary carbon markets, handling the origination of Verified Emission Reduction projects and EcoSecurities' business development activities in Turkey.

Dr. Moussa’s spoke authoritatively on the future of the cleantech and carbon industry in the region, and called on the industry to continue developing Cleantech and CDM in the Middle East. He said, “For this region, given the lack of credit in the market today, CDM and Carbon Finance offers a new source, an extra source of revenue, and project developers and investors should tap into this new revenue stream and make the most of it.”

Want to hear more? Then fill in your name and email in the form below and we’ll be in touch with you on how you can access the CarbonWorld Interview with Mr. Souheil & Dr. Charbel from EcoSecurities at NO COST!

And in the mean time, don’t forget to confirm your participation at CarbonWorld Doha 2009!

Organisations contemplating investment in Middle East’s growing carbon markets are faced with a myriad of choices with strong initiatives undertaken by governments and industry.

To make sense of trends in the region’s emerging market, and pinpoint opportunities, two top executives at Ecosecurities will contribute at a Carbon World Doha 2009 Interview.

An interactive discussion on the vast potential from Middle East’s participation in the global carbon trade, as well as CDM project opportunities in the region, the interview will provide you with an exclusive sneak preview of the clarity of insights and level of interaction you will get as a delegate of Carbon World Doha 2009.

You can’t afford to miss out on hearing from one of the most recognised names in the Middle East’s carbon market, Mr. Souheil H. Abboud, Ecosecurities’ Regional Director (Middle East), who has over 12 years of international experience in developing, managing, structuring and financing renewable energy and energy efficiency projects / companies in the Middle East and Southeast Asia.

Also contributing at the Carbon World Doha 2009 interview is Dr. Charbel Moussa, a Senior Project Manager at EcoSecurities Middle East DMCC.  Dr. Moussa has worked on several Emission Reduction projects across different technologies, including renewable energy, energy efficiency and methane avoidance, and is an expert on voluntary carbon markets, handling the origination of Verified Emission Reduction projects and EcoSecurities' business development activities in Turkey.

Make sure you check back on 12 February 2009 for more updates on how YOU can access this critical interview recording!

And in the mean time, don’t forget to confirm your participation at CarbonWorld Doha 2009!

>>CLICK HERE<< to register and participate, and hear from and meet the key players in the Middle East’s emerging carbon markets!

Source: EnvironmentalXC.com

The Carbon World Doha 2009 summit to be held on 27-28 April 2009, in Doha, Qatar, under the patronage of H.E. Abdullah bin Hamad Al Attiyah, Deputy Premier, Minister for Energy & Industry and Chairman of Qatar Petroleum, will explore all the emerging opportunities in the global carbon market, and will also identify important regional and international initiatives to address the issue of CO2 emission reduction. Most importantly, the summit aims to provide the diverse carbon trading sector a platform to synthesize ideas and experiences.

Carbon reduction is one of the main issues to be tackled by the world in 2009. With both the governments and businesses eager to gain a segment of the US$64 billion carbon credit, the market is set to grow exponentially and evolve in the upcoming years.

US President Barack Obama's drive to implement a carbon cap and trade scheme in the US, upcoming government-industry initiatives in the Middle East, India and China, and discussion of tighter trading mechanisms in Europe, are  major developments driving the sector today.

Top players in the emerging carbon markets, including Qatar Petroleum, CDM Regulatory parties from Oman, Egypt and Yemen, the World Bank, Deutsche Bank, BP, CDM experts, researchers, government officials and inter-governmental organization representatives from all over the world will explore and deliberate these important developments at the Carbon World Doha 2009.

Other key areas of focus at this timely conference will include:

• Impact of Credit Crunch on Renewable Energy & Clean Energy Investments
• Emissions Trading in the EU- mapping future carbon markets and prices
• Evolving Middle East Carbon Markets- Will region emerge as key supplier of carbon credits?
• Government perspectives on carbon management and policy initiatives
• Shell’s Strategic Alliance to Tackle Climate Change
• Perspectives in emergent trends in global carbon market
• Climate change mitigation, challenges, initiatives
• Opportunities for investments in CDM technologies
• Carbon Trading trends and evolving patterns
• Voluntary carbon markets prospects
• Carbon Capture & Sequestration prospects

… Plus many more …

Participants at Carbon World Doha 2009 also have the option of participating in the CO2 Geologic Storage Workshop, chaired by Professor Martin Blunt, Head of the Department of Earth Science and Engineering at the Imperial College of London, which will provide an in-depth look at CO2 capture and sequestration options and opportunities.

Also speaking at the intensive 6 hour session will be Mr. Gardiner Hill- Director CCS Technology at BP, Dr. Mahmut Sengul, Vice President of Middle East & Asia at Schlumberger Carbon Services and Dr. Mark Raistrick, Senior Geoscientist at Senergy Alternative energy.

Carbon World Doha 2009 is currently open for registration and is already welcoming interest and participation from key carbon trading and energy players from around the world.

Those seeking more information on participation, sponsorship & media exchange opportunities should contact Ms. Nadia Al Bahar, Promotions Manager at +65 6346 9114 or email at nadia@cmtsp.com.sg.