This week, I will be posting updates on the United Nations Conference on Climate Change discussions being held in Bali, Indonesia. 

The Bali Conference is beginning to feel more like an industry association meeting than a COP. The presence of traders, offset project developers, and other carbon market types are making their strong presence felt.

Andrei Marcu, president of the International Emissions Trading Association (IETA), has provided several statements on behalf of “civil society” in support of continuation of the Clean Development Mechanism and for strengthening governance structure.

The Bali Conference is markedly different from the Nairobi meetings last year. At the 2006 Conference, few industry representatives attended, and those who did were clearly pushing company-specific issues. The dynamic has changed dramatically, with unprecedented involvement of industry.

For further information about this topic, please contact Akin Gump.