Conference June 9 – June 13, 2008

In the document below you will get more information concerning the “Compliance Driven Carbon Market”.

Summary:
The developed countries that ratified the Kyoto Protocol and are committed to reduce their greenhouse gases emissions may, in addition to their own domestic efforts to achieve their emission targets, purchase carbon credits in the compliance market. Carbon credits traded in the Kyoto-compliance markets can only be generated through the so called Joint Implementation and Clean Development Mechanism projects but compliance with Kyoto targets is still possible through Emissions Trading. A compliance market outside Kyoto exists and is mainly based in USA and Australia.