Chairperson’s Opening Remarks

Peter Curley
EVP, Head of Corporate Strategy, Hong Kong Exchanges and Clearing Limited

Leveraging the Booming Investment Opportunities in Carbon Trading

• Carbon trading mechanism basics
• Investment opportunities
  
• Financial products in the market
  
• Looking at the social and environmental impacts of carbon trading
  
• Project case studies

Dr. Thomas Tang
Executive Director, Global Institute for Tomorrow (GIFT)

• Disconnect among ESCOs, banks and clients
• Necessary involvement from the government to assist ESCOs to finance their clients with performance contracts
• Engineers and managers must be properly trained to do energy audit, design, M&V (measurement and verification) and the total management
• ESCOs have to be qualified
• Technologies have to be approved
  

Dominic Yin
Chairman, Hong Kong Association of Energy Service Companies

• A background introduction of the report
  
• Summarizing the progress and trends of carbon reporting in Asia
  
• Anticipating how the results impact the investors’ next move

YK Park
Project Director, Association for Sustainable & Responsible Investment in Asia (ASrIA)

• What is carbon finance?
  
• How is it used?
  
• Project finance and carbon
  
• A value driver for IPOs and M&A

Andrew Aldridge
Vice President, Greater China, Climate Change Capital

• Global targets
  
• Local implemental
  
• Laggard and leaders
  
• Laws, carrots and sticks
  
• Collective aspirations

Dr. Andrew Thomson
Chief Executive Officer
Business Environment Council

• Pinpointing the key risks associated with emissions trading
  
• Examining liquidity issues and the effect on risk management
  
• Hedging strategies- Reducing risk through financial instruments

Calvin Xu
Senior Energy Specialist, Carbon Finance - International Finance Corporation (IFC)

• Assessing current and potential CER demand around the world
  
• Highlighting the opportunities and challenges in Asia’s most significant CDM markets– China and India
  
• How Hong Kong companies can and should capitalize on the opportunities in the CDM market?
  
• Maximizing CDM’s value through commercialization techniques

Chen Shi Ping
Program Officer of Energy and Climate Change, Global Environmental Institute

• Understanding the pricing schemes in different market-based mechanisms under the Kyoto Protocol: Emission Trading, CDM and Joint
  Implementation (JI)
  
• Carbon credits price dependency : Supply and demand, allocation and distribution
  
• Forecasting price volatility in the global carbon market and dealing with uncertainties

Moderator
Martin Collins
Global Managing Director of Origination and Transaction Services, Natsource

• Outlining the establishment of CDM projects: Project formulation, approval by DNA, validation by DOE, registration by EB, monitoring, verification & certification by DOE and issuance of CERs.
  
• Identifying the key stakeholders involved in CDM project development
  
• Exploring the financial and legal aspects of initiating a CDM project
  
• Avoiding pitfalls and managing risks throughout the development process

Zhang Han Wen
President, Hunan CDM Service Center

• Comprehending the differences between carbon mitigation and carbon adaptation
  
• Interpreting the rules for adaptation initiatives and adaptation funds under Kyoto Protocol and COP
  
• Linking different carbon adaptation issues with carbon market uncertainty and price movement

Tomonori Sudo, Ph.D.
Advisor, Office for Climate Change, Japan International Cooperation Agency (JICA)

• Current status of CDM development in the particular sector
  
• Sellers’ priorities and the involvement of local government in developing CDM projects in the particular sector
  
• Possible participation from the buyers

Martin Collins
Global Managing Director, Europe Origination and Transaction Services, Natsource

Dr. Thomas Tang
Executive Director, Global Institute for Tomorrow (GIFT)

• The latest situation of CDM market development in Indonesia
• Example of a few successful projects
• Examining the potential of CDM projects in Indonesia and how can you tap into the market?

Joselito Gellidon
Staff of National Commission on Clean DevelopmentMechanism Republic of Indonesia

• How a voluntary market works and how does it differ from CDM?
  
• Discussing the evolution of the market and the value of current VERs
  
• Exploring the full context of the gains from a voluntary market
  
• Future trends and how it will influence the development of CDM projects

Josh Harris
Head of Carbon Markets, China, The Climate Group

• Examining market reactions and expectations of the carbon market after 2012
  
• Foreseeing the practices, possibilities and politics of Post 2012 framework
  
• What are the risks hidden in the market and the strategies to mitigate those risks?
  
• Assessing the development of available CDM projects targeting the Post Kyoto Protocol framework

Moderator
Ciara Shannon
Project Director, Climate Change Business Forum (CCBF)

Panelist
Tomonori Sudo, Ph.D.
Advisor, Office for Climate Change, Japan International Cooperation Agency (JICA)