Press Release: Government officials and climate experts Gather in cologne for CARBON EXPO 2010, 7th edition No. 3 / Cologne, May 2010

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From May 26 to 28, Cologne is once again the venue of the seventh CARBON EXPO – Global Carbon Market Fair & Conference, the world‘s leading platform for Carbon and Climate Finance, carbon abatement solutions and cutting-edge technologies, jointly organized by the International Trading Emissions Association (IETA), the World Bank and Koelnmesse. The Trade Fair and Conference are regarded as one of the most important gatherings to discuss international markets for effective climate protection by industry representatives, project developers, technology suppliers, financial services suppliers, law firms, consultants and government officials.

CARBON EXPO 2010 will demonstrate how energy-intensive enterprises can generate long-term financial and environmental benefits through the use of carbon markets. The event’s organizers expect to welcome approximately 250 leading providers of services and products presenting at the state-of-the-art technology fair, as
well as around 3,000 participants in the conference from more than 100 countries.

CARBON EXPO offers a unique opportunity for the media to interact with key high-level actors from all aspects of the carbon markets, gathered under one roof. This seventh edition is once again seen as the global platform for new information, discussions and dialogue on new trends and perspectives of the carbon market, as well as a place for contacts between governments, project developers, consultants, investors and host countries.

Current market trends will be covered at plenary sessions, including the carbon market development in 2009. This is analyzed in the World Bank’s State and Trends of the Carbon Market Report and the IETA 2010 GHG Market Sentiment Survey, describing how the financial cristis hit both the supply and demand for carbon permits and offsets. Overall trade volumes increased while prices fell leading the global carbon market value in 2009 to remain at the same US$130- 140 billion range seen in 2008. The economic downturn led to less offsets demanded by Annex I countries. This in addition to regulatory challenges and
the lack of vision beyond 2012 contributed to a decreased demand. Both the volumes transacted and the overall value in the project-based market fell significantly for the second year in a row.

The CARBON EXPO press service offers journalists support in organising interviews with international personalities and the decision-makers of the carbon market. Please get in contact with the CARBON EXPO press office regarding your request for an interview — the CARBON EXPO press team will then look into your request. All interviews are allocated between 15 – 20 minutes.

Posted on May 25, 2010 · in Europe

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