Carbon Forum Asia 2011: Progressing Asia’s Carbon Abatement Agenda [Press Releases]
In 2011, countries in the Asia Pacific region, such as Australia, China, India, Japan, New Zealand, South Korea and Taiwan, are upping the ante on carbon abatement programs with a slew of schemes being developed or revived.
While Australia and New Zealand are pushing ahead with their carbon trading schemes, India will be introducing their own trading platform with a focus on energy efficiency rather than just carbon emissions. Similarly, China aims to have a nationwide scheme in place by the end of 2015. The trend is encouraging and demonstrates Asia’s commitment towards the carbon agenda.
“We are witnessing new waves – the first is in local markets, in particular, China and India, where new pilot carbon projects are being launched. And the second is in Climate Finance, an area in which multilateral and bilateral banks such as JBIC and ADB have started to look into,“ said Takashi Hongo, Carbon Forum Asia 2011 Advisory Panel member and Senior Fellow of Mitsui Global Strategic Studies Institute.
In its sixth edition this year, the Carbon Forum Asia Trade Fair and Conference, organized by Koelnmesse and the International Emissions Trading Association (IETA), continues to strengthen its role as the leading platform for emissions trading, carbon abatement solutions and new technologies in Asia Pacific. This year, the Conference is set to welcome over 1,000 international participants from more than 50 countries including Australia, China, Hong Kong, Italy, India, Indonesia, Malaysia, Singapore and the United Arab Emirates. There is also strong interest from India, where low- carbon energy markets have seen rapid development and growth.
On the Advisory Panel of Carbon Forum Asia 2011 are industry experts from companies such as Tata Group, India, National Development and Reform Commission, China, Baker & McKenzie, Australia, Alstom Power, Australia, IETA, Japan Bank for International Cooperation (JBIC) and Asian Development Bank (ADB).
“The increased interest in being part of Carbon Forum Asia demonstrates the countries’ commitment towards reducing carbon emissions in the region,” said Henry Derwent, President and CEO of the International Emissions Trading Association (IETA). “Today, more Asian companies and Governments are taking a serious look at energy efficiency and low carbon technology, while working towards strengthening their investment and financing policies to combat climate change and deal with its impacts. Carbon Forum Asia is the place where leading experts establish the trends and policies that will define the climate change agenda for Asia and beyond.”
Setting the stage for a global conversation
Complementing the showcase of the latest initiatives and technologies in carbon emission reduction, this year’s Conference program will present a series of high-level plenary sessions and in-depth discussions covering the entire Carbon Market value chain, from flexible mechanisms, policy and market initiatives, to investments and technologies. Some of the issues that will be addressed and discussed include:
- The state and trends of the global carbon market and the implications for the Asia-Pacific region
- Forest Carbon & REDD in Asia
- The bond market’s growing appetite for low-carbon investment
- Voluntary Carbon Market – A Value of $424 million
- Zooming into China – Today & Tomorrow
More than 30 sessions will be presented by over 100 international experts in the carbon market, including:
- Agus Sari, Member of the Indonesian Delegation to the UNFCCC & Forestry Department, Chamber of Commerce, Indonesia
- Arunavo Mukerjee, Vice President, Tata Quality Management Services, India
- Bert Hofman, Chief Economist, East Asia and Pacific Region, World Bank
- Jian Lin, Chief Executive Officer, Shanghai Environment and Energy Exchange (SEEE), China
- Jinhee Park, Manager of Registration Centre, KEMCO
Stronger representation from country pavilions
The State Government of Victoria is returning with a bigger representation. They will host the Victoria, Australia pavilion, demonstrating the diverse and strong capacity of Victorian businesses working in the carbon market. For the first time, we have a China Pavilion, hosted by China CDM Fund, which includes co-exhibitors like Hunan Xiangke Clean Development Co, Shanghai Xintan Investment & Management Company and the Tianjin Climate Exchange.
Led by Sustainable Energy Association of Singapore (SEAS), the Singapore Pavilion is back at the Trade Fair for the 5th year, featuring exhibitors such as ACX-Change Pte Ltd, Agrinergy Pte Ltd, Bunge Agribusiness Singapore Pte Ltd, Credent Technology (Asia) Pte Ltd and Blue World Carbon SEA Pte Ltd.
Linking Asia’s opportunities to global investors
Carbon Forum Asia 2011 will continue to showcase projects from developing countries in the region. Hosted by the Asian Development Bank (ADB), the Sellers Pavilion will feature projects covering a range of sectors including Renewable Energy, Water, Transport, Environment and Solid Waste Management from countries in the region, such as Papua New Guinea, Cambodia, Vietnam, Fiji, Indonesia, Bhutan and Nepal. In all, about 100 organizations are expected to be represented on the trade floor.
“The Carbon Forum Asia is a platform through which ADB can support its developing member countries in optimizing their benefit from the carbon market through experience-sharing with other project developers and exposure to market trends in the world today,” said Gil-Hong Kim, Director of Sustainable Infrastructure Division, Regional and Sustainable Development Department, Asian Development Bank.
Participating as a supporter for the first time on the trade floor is The World Bank East Asia and Pacific Region, who will be hosting client countries from Mongolia, Vietnam, Indonesia, Philippines and Thailand.
Returning exhibitors at the Trade Fair include organizations such as ERM Certification & Verification Services, Bureau Veritas, First Climate, SGS, ESBI, KEMCO, Deutsche Bank, GDF SUEZ, Agrinergy, Bunge, Asia Carbon Global Tricorona, LRQA, ENEL, DNV, TUV Rheinland and many more.
“Tricorona is delighed to once again sponsor Carbon Forum Asia and would especially like to welcome project owners who are keen to develop a CDM project and maximize their chance of registration before the 2012 deadline. With only 15 months to go, Tricorona is the fastest and has the best track record in the industry with 160 projects registered at the CDM Executive Board,“ said Moe Moe Oo, Managing Director of Tricorona Carbon Asset Management Pte Ltd.
New initiatives at the Trade Fair include the Enel’s new brand, CO2 neutral, launched in March 2011 and which provides services in identifying carbon neutrality. There is also the dedicated Sustainability & Innovation division, set up by DNV in April 2010 in an effort to address environmental issues and meet changing customer needs. TUV Rheinland’s recently launched energy efficiency services provide a new path to tackling greenhouse gas emissions and improving energy security.”
Reducing carbon emissions – it starts with us
This year’s Carbon Forum Asia will be carbon neutral, with all emissions from venue and speakers’ travel being measured, calculated and offset. This is a joint effort by ENEL, Italy’s largest power company and Europe’s second largest utility by installed capacity, and South Pole Carbon, a Swiss premium project developer. The Conference’s carbon footprint will be neutralised using Gold Standard credits from a landfill gas-to-energy project located in the Chinese city of Suzhou.
Organized by Koelnmesse and IETA, Carbon Forum Asia 2011 will be held on 2 and 3 November 2011 at the Marina Bay Sands®, Sands Expo & Convention Center, Level 5.
For more information, please visit
CARBON FORUM ASIA: www.carbonforumasia.com
CARBON EXPO: www.carbonexpo.com
Source: Carbon Forum Asia