Wednesday, June 11, 2008

Secondary market eyed in carbon underwriting and guarantees

Financial services executives are tentatively looking forward to a secondary market in the ETS sphere focused on underwriting and guarantees.

Overlooked by some in the run up to ETS is the need for insurance over carbon credit pledges. This centres on literally ensuring that the credit pledges retain their value through the lifetime of the credit arrangement.

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source : http://www.carbonnews.co.nz/story.asp?storyID=1151

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