Amy Merrill

Carbon & Climate Law Review, Volume 4 (2010), Issue 4, Page 383 - 385

It has been a long year in the carbon markets. Thankfully, and critically, the outcomes of COP 16/CMP61 at Cancún at the beginning of December have brought comfort to traders, investors and market participants. In this edition of “In the Market” we consider the key challenges that 2010 has brought, the comfort that Cancún provided, and look to 2011 and what we can hope it will bring.

Olivier Mushiete, Amy Merrill

Carbon & Climate Law Review, Volume 4 (2010), Issue 4, Page 351 - 356

A forestry project in West Africa with a strong social and development component is perhaps the best example of what the Clean Development Mechanism was supposed to be about. Achieving it is not easy: many elements need to be brought together to produce a project that performs socially, developmentally and environmentally. This article describes the elements of the IBI Bateke project, a savannah based agro-forestry project in The Democratic Republic of Congo (the Project). It considers the workings of the Project, at an operational and financial level. It sets out the expected benefits from a social and environmental perspective. It also considers the challenges of contracting for sale of carbon credits.

Amy Merrill, Karl Upston-Hooper

Carbon & Climate Law Review, Volume 4 (2010), Issue 4, Page 319 - 320

Africa is the world’s second largest and second most populous continent. It is amazingly diverse culturally and geographically, rich in natural resources and now predominantly free (although still recovering) from centuries of European colonisation. It is, however, also stricken by poverty and home to those most vulnerable to the impacts of climate change. Four years have now elapsed since the announcement by United Nations (UN) Secretary General Kofi Annan of the Nairobi Framework at the 12th Session of the Conference of the Parties, where numerous UN agencies committed to increasing African participation in the Clean Development Mechanism (CDM). In those four years, the attention of the international climate community has been distracted from its

Amy Merrill, Andy Raine

Carbon & Climate Law Review, Volume 2 (2008), Issue 4, Page 5

ancing of carbon capture and storage (CCS) projects? Jeff Chapman: The first thing to get to grips with is that initial CCS projects will be considerably more expensive than projects further down the line. McKinsey have recently delivered a report on this,1 and their findings are that the likely cost of current projects in Europe would be about €60-90 per tonne because of the incremental costs of adding CCS to new coal fired power plants. In the longer run, they say that it should come down to €30-50 per tonne. Let’s put that in the c

Amy Merrill, Karl Upston-Hooper, Rutger de Witt Wijnen

Carbon & Climate Law Review, Volume 1 (2007), Issue 2, Page 4

overy”, a homily reinforced in the carbon market by the European Commission’s rather more prosaic statement that the European Union emissions trading scheme (EU ETS) is about “learning through doing.” This reflexive approach has been a mainstay in the development of carbon markets, all the way back to Activities Implemented Jointly. This issue of In the Market highlights some of the “bloopers” that have crossed the authors’ desks, and aims to open a few portals. For obvious reasons, the examples have been fictionalised. 1. ERPA Drafting