date: Wed, 23 Jul 2008 18:57:52 +0800 from: "Helen" subject: Re: Carbon trading in the Middle East to: [cid:image001.gif@01C8ECF6.01E78840] Dear Colleague, If you've been buying or selling carbon credits in the last few years, you would know that about 80% of carbon credits today are coming from projects in only two countries - China and India. Though these two giants still present attractive investment opportunities for you, having your carbon offsets sourced from only two countries can be problematic. Issues like China's unofficial price floor, or difficulties managing Indian CDM projects, are now driving many project developers and credit buyers to seek other host countries for their carbon offsets. Here are 3 reasons why you should be looking at the Middle East & North Africa (MENA) region as your next big source of carbon credits: 1) The countries in the region house sizeable energy-intensive and carbon-intensive industries such as energy and metals. 2) Some of the world's wealthiest investors are based in the Middle East. They can help finance your climate change mitigation projects. 3) Middle Eastern and North African governments, investors and local industry leaders are now more open and interested in the benefits of carbon offset projects and sustainable investments. As the carbon market explodes in the next few years to become the world's biggest market overall, wouldn't you want to be the first to get into this region, rich in opportunities but so difficult to get into? Meet the people who will determine how carbon finance takes shape in the Middle East! Catch opening remarks from the UNFCCC and keynote addresses by Karan Capoor of the World Bank Carbon Finance Unit, Sam Nader, Director of Masdar Carbon (Abu Dhabi Future Energy Company), Dr. Armin Sandhoevel, Chairman of the UNEP FI Climate Change Working Group, and Dr. Tilak Doshi, Executive Director for Energy of the Dubai Multi Commodities Centre. This will be a sold out event! Reserve your seats before August 23, 2008 to enjoy our early bird specials! To register, please contact me today. You may call me at (65) 6506 0965, fax (65) 6749 7293, or email [1]marketing@alleventsgroup.com. Visit us online at [2]www.alleventsgroup.com/emissions. See you in Abu Dhabi. Warmest Regards, Garcon Thomas Bernavil Marketing Manager Tel: (65) 6506 0965 Fax: (65) 6749 7293 Email: [3]marketing@alleventsgroup.com Website: [4]www.alleventsgroup.com/emissions Embedded Content: image00185.gif: 00000001,0c06b1c9,00000000,00000000