Carbon Market - Invest Victoria
Carbon Market - Invest Victoria
Carbon Market - Invest Victoria
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<strong>Carbon</strong> Services Leadership<br />
Melbourne, <strong>Victoria</strong>, Australia<br />
The <strong>Victoria</strong>n carbon market<br />
services industry is already<br />
thriving with over 110 carbon<br />
market businesses, a strong<br />
clean tech sector and vast<br />
experience in funds<br />
management and financial<br />
services. This concentration<br />
of carbon market services<br />
is captured in the <strong>Victoria</strong>n<br />
Government’s Melbourne<br />
<strong>Carbon</strong> Services Directory.<br />
Join the leading <strong>Carbon</strong> <strong>Market</strong><br />
in the Asia-Pacific<br />
The global carbon market creates vast opportunities for carbon<br />
services and for businesses providing low emission technologies.<br />
With a supportive business environment and growing demand for<br />
emission offsets, Melbourne is the ideal location to access carbon<br />
market opportunities within Australia and the Asia Pacific region.<br />
Demand for <strong>Carbon</strong> <strong>Market</strong> Services<br />
A national approach to greenhouse and energy reporting - the<br />
National Greenhouse and Energy Reporting Scheme (NGERS) - was<br />
established by the Australian Government in 2007. Since establishing<br />
NGERS, the demand for services to assist liable parties comply with<br />
the scheme has increased each year. Melbourne is home to the<br />
majority of industry specialists required to monitor, report and verify<br />
their emissions for NGERS, creating an ongoing demand for carbon<br />
market services.
<strong>Carbon</strong> <strong>Market</strong> Institute<br />
The <strong>Carbon</strong> <strong>Market</strong> Institute (CMI) is a newly established,<br />
Melbourne headquartered, organisation whose objective is<br />
to assist Australian businesses with the implementation of<br />
climate-related markets both in terms of managing their risk and<br />
pursuing business opportunities.<br />
The CMI works in concert with Australian industry and other key<br />
stakeholders to position Australia as an emissions trading hub<br />
for the Asia Pacific region.<br />
An independent not-for-profit company, the CMI is a national<br />
body with strategic national and international partnerships,<br />
affiliations and an outlook, in time, to serve the Asia Pacific<br />
region. The CMI incorporates the Asia Pacific Emissions<br />
Trading Forum, a business network and information service for<br />
companies and agencies with an interest in emissions trading<br />
development both nationally and internationally that has been<br />
operational since 1998.<br />
The CMI’s program includes:<br />
> > Business networking and information<br />
> > Research and market analysis<br />
> > Education and training<br />
> > Professional standards and accreditation<br />
> > International engagement.<br />
Members are eligible for a range of benefits including member<br />
seminars, briefings and networking events, and receipt of the<br />
CMI’s regular publications and research reports.<br />
For further information and to become a member visit<br />
carbonmarketinstitute.org/<br />
Australia’s Energy <strong>Market</strong><br />
<strong>Victoria</strong> was the first State in Australia to restructure, disaggregate<br />
and privatise the electricity and gas industry, making Melbourne<br />
an important centre of activity for energy and environmental<br />
developments. Melbourne is home to the Australian Energy <strong>Market</strong><br />
Operator (AEMO), which manages Australia’s electricity ‘spot’ market<br />
and other energy trading activity.<br />
<strong>Victoria</strong>’s extensive experience in energy market regulation has led<br />
to the development of key skills and capacity around energy markets,<br />
trading and risk management.<br />
A Supportive Business Environment<br />
Melbourne is Australia’s knowledge, innovation and technology<br />
capital, housing the majority of Australian R & D initiatives. Building<br />
on this innovation, our universities provide programs in climate<br />
change, carbon accounting and sustainable technology.<br />
<strong>Victoria</strong> has strong international linkages including a climate<br />
change partnership with California and a large presence of major<br />
multinational corporations including international energy companies.<br />
A Strategic Location<br />
<strong>Victoria</strong> is one of the strongest economies and most enviable<br />
lifestyles in the developed world. As well as having established<br />
infrastructure and reliable telecommunications, Melbourne’s operating<br />
costs compare favourably with many other leading business locations,<br />
and market entry barriers are very low.<br />
Located in the Asia Pacific time zone and home to an unrivalled pool<br />
of highly skilled, multilingual professionals, Melbourne is the ideal<br />
location in which to develop Clean Development Mechanism projects<br />
and to trade Certified Emission Reduction units.<br />
For Further Information<br />
For a comprehensive outline of the capability of <strong>Victoria</strong>n based<br />
companies visit business.vic.gov.au/carbonservices<br />
For further assistance, contact<br />
Department of Business and Innovation<br />
121 Exhibition Street, Melbourne <strong>Victoria</strong> 3000<br />
Email: carbonmarket@dbi.vic.gov.au