List of Figures
Figure 1: Naturally Occurring Carbon Cycle, 2010 11
Figure 2: Global Carbon Trading Market Structure, 2009 14
Figure 3: Global Number of Joint Implementation Projects by Country, 2010 22
Figure 4: Global Carbon Trading Market, Value ($ bn), 2005–2009 29
Figure 5: Global Carbon Trading Market, Annual Volume Transactions, (MtCO2e), 2005–2009 30
Figure 6: Global Allowances Market, Transactions Value, ($ bn), 2005–2009 31
Figure 7: The EU Financial Value Transacted in Carbon Market ($ bn), 2005–2009 32
Figure 8: The EU Volume Transaction (MtCO2e) and Carbon Price ($/tCO2e) Shift., 2005– 2009 33
Figure 9: New South Wales, Australia, Volume Transaction (MtCO2e) and Carbon Price ($/tCO2e) Shift, 2005–2009 35
Figure 10: Global Project-based Market, Transactions Value, ($ m), 2005–2009 36
Figure 11: Global Primary CDM Market, Annual Volume Transactions (MtCO2e), 2005–2009 37
Figure 12: Global Primary CDM and JI Buyers, 2008 38
Figure 13: Global CERs Allocations by Top Host Countries, 2010 40
Figure 14: Global CERs Issued by Top Five Host Parties, 2010 42
Figure 15: Global CDM Registered Project Analysis by Top Host Countries, 2010 43
Figure 16: Global Expected Registered Project Activities by AI and NAI Countries, 2010 44
Figure 17: Global Registered Project Activities by Scale, 2010 45
Figure 18: Global Distribution of Registered Project Activities by Scope, 2010 46
Figure 19: Global Registered Projects by Region, 2010 47
Figure 20: Global Designated National Authorities for Annexure I and Non-Annexure I Countries, 2010 52
Figure 21: Global Number of Parties and Designated National Authorities by Region, 2010 53
Figure 22: Global Joint Implementation Market Volume Transaction (MtCO2e) and Carbon Price ($/tCO2e) Shift. 2005–2009 54
Figure 23: Global Voluntary Market Volume Transaction (MtCO2e) and Carbon Price ($/tCO2e) Shift. 2005–2009 55
Figure 24: Global Secondary Project-based Market Volume Transaction (MtCO2e) and Carbon Price ($/tCO2e) Shift. 2005–2009 56
Figure 25: Global Carbon Trading Market Potential Scenario Based Assessment of the Market, Value ($bn), 2010–2020 57
Figure 26: Global Carbon Trading Market Potential under Linear Growth Scenario, Value ($bn), 2010–2020 58
Figure 27: Global Carbon Trading Market Potential under Scaling Up Scenario, Value ($bn),
2010–2020 60
Figure 28: Global Carbon Trading Market Potential under Global Reach Scenario, Value ($bn), 2010–2020 62
Figure 29: EU 27 Greenhouse Gas Emissions by Sector (%), 2006 65
Figure 30: EU 27 Carbon Dioxide Emission Allowances in Metric Tons per Year, 2008
(Continued 1) 66
Figure 31: EU 27 Carbon Dioxide Emission Allowances (Metric Tons per Year), 2008 (Continued 2) 67
Figure 32: The US Regional Annual CO2 Emissions Budget of RGGI (Short Tons), 2009-2018 72
Figure 33: Global Standard Utilization in Trading, 2008 83
Figure 34: Corporate Carbon Exposure, Risks and Opportunities 87
Figure 35: Global, Carbon Intensity by Sector, (g CO2 / $ turnover), 2009 88
Figure 36: GE’s Ecomagination Revenues, Global, ($ bn), 2004—2008 93
Figure 37: GBI Research Methodology 96