By Song Hongmei (Chinadaily.com.cn)
Updated: 2007-07-08 10:00

In fact, the Chinese government attached great importance to the carbon trading market so that top officials of its ministries of science and technology and finance and National Development and Reform Commission were all present at the carbon expo fair inaugurated last October in Beijing, said Marcu.

He added that what struck him most was that people from abroad were commenting on and impressed by the business opportunities for GHG emission reductions for private operators and governments around the world that exist in China as well as other Asian countries during the Beijing event.

In recognition of the Asian carbon markets potential, the Singapore government announced it intends to be a regional carbon trading hub by taking advantage of its geographical location in Asia, world class finance industry and strong supports in initiatives related to carbon emissions trading and creating favorable conditions for a high level event such as Carbon Forum Asia 2007, according to Edwin Khew, chairman of Singapore's sustainable energy association.

In addition to technical innovations and information on carbon emissions policies and regulations with special attention to financing and CDM projects, Carbon Forum Asia 2007 will highlight the combination of an exhibition with an extensive and top quality conference which may focus on such topics as upcoming trends in a rapidly developing market, new sources of supply and their effect on price, said Dreyer.

Dreyer said he is confident that Carbon Forum Asia 2007 will help create greater awareness for the Asian carbon market.

Singapore, the host country, will be represented with its own pavilion featuring 15 exhibitors and 20 exhibitors are expected from Japan, he said, adding that Koelnmesse currently has no fixed numbers of Chinese exhibitors and participants yet as it is still in the midst of marketing the event.

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