
The global carbon market is facing new challenges with carbon prices at a low level and the uncertainty of the outcome of the Copenhagen post Kyoto agreement. No matter how the new carbon market system is designed, the market will rely on contacts and relationships, and as international investors look to diversify their carbon mitigation portfolios the future looks bright for the Middle East and North Africa (MENA).
New finance streams and programs, such as the million ‘Regional Technical Assistance Program to address Climate Change’ launched in May by the World Bank, the European Union and the Italian Foreign Ministry, support the adoption of a low carbon economy in the region.
There is great potential for carbon emission reduction projects in the Middle East and North Africa. What steps need to be taken for the region to become a major player in the global carbon market?
The inaugural Carbon Markets MENA conference will look at the main challenges and opportunities the carbon market is facing in this region. It will bring together project hosts, investors, carbon project developers and regional DNAs to discuss the need of improvement in institutional and organisational CDM frameworks to attract new investment and develop new CDM projects.
Carbon Markets MENA is part of the Carbon Markets Series which is now in its 5th year and has been attended by over 2800 sustainability professionals.
The conference will be translated simultaneously in French, Arabic and English.
Website: http://www2.greenpowerconferences.co.uk/v8-12/Prospectus/Index.php?sEventCode=CM0910EG
Event Date: 27/10/2009
Event Location: Cairo
Contact Email Address: victoria.adair@greenpowerconferences.com
Contact Phone Number: +44 207 099 0600