We are witnessing the finance value tail-end of the Clean Development Mechanism or as otherwise known, the China Development Mechanism…
And all though China still dominates the Clean Development Mechanism and the projects worldwide by attracting over 69% of the market, it is a gradual shift perceptible to the real mystics, Sinologists and Environmental financiers.
Will this presage the shift by others like the US?
That is certain.
Because for now, China’s low-carbon growth strategy is moving away from the international carbon markets and towards a real domestic market for CO2 based on establishing a proper carbon pricing internally.
This is the biggest and most significant move in the Carbon Markets world wide.
Yours,
Pano
PS:
And as we work on the Green Bonds London Ministerial Summit 2011 on May 11th we want to hear your views.
Because the participants of previous GREEN BONDS summits in New York, London or Shanghai already know and have heard me saying, that voluntary Carbon Markets will be the only markets worth investing in the future…
