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Climate Change: Emissions: Weather: Investment: Lending: Insurance
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December 2001
January 2002 Contents

News December 2001 - January 2002

Mexico scores weather trade first
GEMCo claims first mobile source CO2 trade
Commission okays UK trading scheme
UBS axes planned ‘carbon fund’
US out of step on export credit rules
RMS delivers daily temperature model
Systeia plans weather fund
Denmark sees first emissions trades
California bonds promise green power surge
Work begins on biodiversity index
Social Investment Forum reports uneven performance
ICE breaks into weather market
Liffe weather futures go live
New NOx markets emerge in US
Japanese voluntary scheme shows rising CO2 output
Nuon goes to Guatemala for green certificates
UK generator begins internal sulphur trading

Features December 2001 - January 2002

Weather Risk - Enron's woes weigh on weather market
The DJSI - a story of financial innovation - Richard Sandor
Kyoto Protocol - CDM fears cloud Marrakech success
Market survey - Trading places
Project finance - Dam disputes still rage
Fund management -Think globally, analyse locally
Emissions trading - Carbon dioxide is not the only gas
Market view - Interesting times for US business
Corporate profile - RMC group turns to BiE
Profile - Steve Lydenberg