The Business Travel Show Dubai has signed an agreement to offset its carbon emissions with Carbon Capital Markets, a leading carbon trader and fund manager. This is the second year that Dubai Travel Show and Carbon Capital Markets have worked together to offset the show's carbon footprint.
Carbon Capital Markets CEO, Lionel Fretz, said, "We are delighted to be working with the Business Travel Show Dubai again. The extension of this programme highlights the role that offsetting can play in minimising the environmental impact that commercial activities can have. At the same time, it also shows our part in assisting Dubai's pledge in contributing to international efforts to combating environmental challenges."
Sally Maltby, Event Director of the Business Travel Show, said: "The Business Travel Show Dubai is delighted to be working with Carbon Capital Markets again this year to build a greener future. We hope we will raise awareness of climate change responsibilities in the run up to and during the show. The Business Travel Show Dubai is committed to looking at ways to reduce its carbon footprint by cutting emissions wherever possible and offsetting those emissions that remain unavoidable."
Emissions to be offset will include those generated by the venue building, courtesy diesel buses used to transport delegates to and from the desert car parking area, the speaker/moderators' personal travel to and from the show and event staff. Visitors and exhibitors at the show will also be encouraged to offset their own travel.
Carbon Capital Markets will retire Kyoto compliant carbon credits known as Certified Emission Reductions (CERs) to offset The Business Travel Show Dubai's carbon emissions. CERs are quality offsets which meet stringent criteria, and can be sold in the compliance and voluntary offsetting markets. The issued CERs are sourced from a United Nations approved CDM renewable energy and forest preservation project in the Amazonas, Brazil.
Carbon Capital Markets is headquartered in London and has a core competency in the management of the entire carbon credit cycle under the Kyoto Protocol, from identifying, and managing CDM projects through to trading and efficiently monetising carbon credits on the international markets. Carbon Capital Markets intends that this collaboration will help facilitate future procurement goals in the United Arab Emirates as well as strengthen Carbon Capital Markets' presence in the Middle East voluntary and investor markets.
Notes to Editors:
Carbon Footprint:
The total set of greenhouse gas (GHG) emissions caused directly and indirectly by an individual, organisation, event or product is commonly called their ‘carbon footprint'. Calculating the carbon footprint of an organisation can be the first step in a programme to reduce the emissions it causes.
About Business Travel Show Dubai:
The Business Travel Show is an exhibition designed to help companies tackle issues associated with the rise in business travel trips taken, an increased choice of suppliers and arrival of new technologies and booking methods.
The Business Travel Show is the only event that has a proven track record of attracting thousands of buyers responsible for purchasing and managing their company's travel and meetings expenditure, or simply booking colleague's business trips and organizing company meetings. For 15 years the Business Travel Show in the UK has remained a constant fixture in hundreds of suppliers' sales and marketing activity calendars as it delivers genuine leads with real potential, builds brand and product awareness, enables suppliers to reach the media and provides many other tangible results.
The inaugural Business Travel show is under patronage of HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group; President, Dubai Department of Civil Aviation.
Please see http://www.businesstravelshow.ae/
About Carbon Capital Markets:
Carbon Capital Markets is a proven fund manager and trader specialising in the carbon and clean energy markets. London-headquartered, the company has a network of employees and partners in China, Brazil, Mexico, Philippines and Africa, involved in CDM projects that reduce greenhouse gas emissions. Carbon Capital Markets has a proven track record in originating and managing CDM projects. Carbon Capital Markets is authorised and regulated by the UK Financial Services Authority.
Chief Executive Lionel Fretz will be in Dubai on 2rd-5th June and is scheduled to meet with various senior business leaders and political figures.
For more information about Carbon Capital Markets please visit www.carboncapitalmarkets.com
Media Enquiries:
David Hopkins
Carbon International
david.hopkins@carboninternational.com
+44 (0)20 7483 7202
Celestine Cheong
Carbon International
celestine.cheong@carboninternational.com
+44 (0)20 7483 7205