Banks have come to realize that to make money from emissions trading markets they would do well to tie up with the consultants that understand the technicalities and with the corporates that own Clean Development Mechanism schemes. Peter Koh reports.
Excitement about the market for greenhouse gases is rising even faster than global temperatures. Investment banks that are already active in the market are doubling their teams, while those that aren’t are quickly trying to build them. But although there is a compelling need for some banks to be present in the market to serve existing clients, and the opportunities are attractive, so far most of the real money is being made by other types of participants.
See full Article (paid subscription required).
Posts
