Island School Enters the Carbon Market
October 11th 2006

With the Kyoto Protocol coming into force this year along with the increased scientific consensus that anthropogenic climate change is real, carbon regulation is a fact of life. It is also an opportunity. Cape Systems is working to help clients realize the potential economic benefits of generating CO2 offsets through renewable energy development. Many of the Caribbean SIDS are non-Annex 1 Kyoto signatories, which means that while they have no immediate requirement to curb CO2 emissions, they can partner in carbon offset projects that bring value to the project both in terms of initial financing options and also downstream CO2e offset sales. Being comprised of many low-lying islands with significant coastal development – a focus on CO2 is also an investment in the future health of Caribbean cultures, lifestyles and economies.

Read more on this story at Ecosystem Marketplace.