BM

1
Carbon Markets in LAC November, 2006
2
Potential Carbon Markets

• Voluntary Markets (non-Kyoto)
• Kyoto Compliance
• Project-based transactions

3
CDM Market by Region
Overall volume until 2012 1373K CER Source UNEP
Risø (Oct. 2006)
No. of Projects 1269 Source UNEP Risø (Oct.
2006)
4
CDM in Latin America by Project Type
No. of Projects 456 Source UNEP Risø (Oct.
2006)
Overall volume until 2012 315,7 K CER Source
UNEP Risø (Oct. 2006)
5
CDM in Latin America by Country
Source UNEP Risø Centre (Oct. 2006)
6
CER Sellers by Country

Source World Bank
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CDM perspectives in Brazil

• Research divulged by Brazilian Ministry of
  Development and PWC
• 163 Brazilian companies
• Annual income gt USD100 mi/year
• Sectors Agribusiness, Energy, Sanitation,
  Automotive, Paper Cellulose
• 79 are implementing or intend to develop a CDM
  project
• 67 are producing or intend to produce emission
  inventories
• 59 has access to international studies on the
  carbon market
• 52 are aware of the initiatives of their foreign
  competitors
• 33 little divulgation of information on CDM
• 31 lack of technical knowledge on CDM
• 22 high CDM costs

Sample
Results
Barriers
Date Q1 2006
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Final Remarks

• What BMF is doing to develop the Carbon Market
• Carbon Facility (2005)
• Project database to provide greater visibility to
  potential CDM Projects
• Carbon trading platform (2007)
• Electronic CER auctions (initially spot market)
• Advantages easy access, competitive trading,
  transparency, settlement security, low
  transaction costs.
• Capacity building (2007)

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