World Carbon Emission Reduction Summit 2008

Could the Middle East be the next big supplier of carbon credits?

An overwhelming majority of primary CDM credits now being traded or used for compliance are coming from only two countries – China and India. Though these two giants still present attractive opportunities for carbon investment, the geographical concentration of such a large amount of carbon is a key concern for those who need to buy this booming new commodity. China’s unofficial price floor, and uncertainties with projects in India, are only some of the major issues that project developers and their clients face in trying to source for credits to fulfill regulatory obligations and CSR targets in their countries of operation.