Environmental Finance announces Annual Market Rankings Winners

Channels: Markets, Renewables, Insurance

Environmental Finance is proud to announce the winners in its 19th Annual Market Rankings.

With more than 850 votes cast this year, the awards honour the expertise, endeavour and ingenuity of the leading brokers, traders and intermediaries in the environmental markets.

The Rankings are the largest and most closely watched poll of sentiment across the markets in carbon emissions, renewable energy certificates (RECs), weather risk and catastrophe risk.

The winners are selected by votes from Environmental Finance readers and other market participants, which judge that they have provided the best service over the past 12 months.

Graham Cooper, consulting editor, said: “Increasing corporate awareness of climate-related risks, coupled with recent regulatory reforms, is boosting activity in all the main environmental markets. This is reflected in the strong turnout in this year’s poll.”   

Law firm Baker McKenzie and advisory firm and project developer South Pole were the big winners this year, in both the carbon and the RECs markets. The former won a record eight awards, while South Pole won seven. 

Last year’s biggest winners – Element Markets and Evolution Markets – each claimed five titles, also spread across the carbon and RECs markets. 

Nephila Climate, the newly formed division of Nephila Capital, an investment manager specialising in reinsurance risk, strengthened its grip on the weather risk market, taking the crown of Best Dealer in all four geographical regions covered by our poll. Its parent company won the same title in the catastrophe risk market.   

Other multiple award winners include Vertis, Bluesource and ClearBlue Markets in the carbon markets, and Choice Energy in the weather risk section. 

Full details of this year’s Market Rankings will be published online and in the Winter print edition of Environmental Finance.