Asians Warming to Finance Renewable Energy

A landmark Renewable Energy Finance Asia event was held recently in Hong Kong and was very warmly received by the 120+ pioneer financiers and top experts as well those new to the area. The final day tackled Carbon Finance, CDM and domestice emissions trading schemes.

Summary of the event

Key drivers for new energy sources discussed were the demand for energy amongst the rapidly growing economies, increasing pollution problems, climate change and the need to start investing in the new energy technology.

The new Chinese Renewable Energy Law was summarised by it's key developer and should be a forerunner to other countries around the region who are in the process of implementing their own incentives.

Project financiers discussed various ways to reduce risk in new sources of energy: bankers, bespoke specialists in wind insurance, due diligence consultants all detailed various approaches to risk mitigation.

Practical information was presented on how to get small projects up, running and profitable. A successful biomass rice husk case study from Indonesia highlighted the suitability for RE in the highly decentralised island topography. Key to risk mitigation here was by involving NGOs, local Rice Farmers Association particularly to avoid potential for corruption.

"I came away very impressed with the quality of your events and look forward to working with you again on future events" A.K., ICF Consulting

"I congratulate you on your effort on the success of this annual event" D.B., Asia Carbon

For further information please email Nadim Chaudhry.

REFA & Carbon Markets Asia returns next year June 13th-16th in Hong Kong and is set to be the focal point for the industry`s development in Asia.

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