More about CMIA
The Carbon Markets and Investors Association (CMIA) has been operating as an ad-hoc group for over 3 years. The main benefits of becoming part of CMIA are that it provides:
A structured forum for discussion with policy makers
Third Party representation
Government representation
Active social club and networking arena
Service providers directory
Opportunities to exhibit
Speaking opportunities
Discounts for conferences and events
Membership fees are competitive with existing trade organisations. Some trade associations focus on the needs of large emitters. What distinguishes CMIA is that it provides a unique opportunity to be part of an industry grouping in the field of climate change that is solely there to represent service sector organisations.
CMIA Governance and Structure
The CMIA governance structure contains an Executive Committee with a Chairman and three Vice-Chairmen, a Treasurer and a Membership Secretary. In addition there are currently ten policy streams.
The CMIA governance structure contains an Executive Committee with a Chairman and three Vice-Chairmen, a Treasurer and a Membership Secretary. In addition there are currently ten policy streams.
The CMIA Chairman is currently Anthony Hobley, Head of Climate Change at Norton Rose. Anthony is responsible for overall governance of the group. The CMIA Vice-Chairman for Policy is currently Paul Dawson of Citigroup. Paul is responsible for overseeing the work of the policy streams.
The CMIA Vice-Chairman for North America is currently Odin Knudsen of JP Morgan. Odin oversees CMIA activity in America. The CMIA Vice-Chairman for Communications is currently Abyd Karmali of Merrill Lynch. Abyd is responsible for media and external communications for CMA.The CMA Treasurer is currently Sandy Nicolson of KPMG. Sandy is responsible for CMA's finances and auditing.
The CMIA Membership Secretary is currently Delphine Eyraud. Delphine is responsible for all membership matters. CMA's Executive Committee is made up of companies who have committed resources to funding the CMA Secretariat. The CMA Exec is currently 19 members: Merrill Lynch, JP Morgan, Citigroup, Barclays Capital, Cantor CO2e, Icecap, ICAP, European Climate Exchange, Bear Stearns, KPMG, Climate Change Capital, Norton Rose, Hunton & Williams, Camco International, AgCert, EcoSecurities, EEA Fund Management, CEAG, Natsource and Baker & McKenzie.
In addition, CMA currently has ten active policy streams which any member can join and participate in forming and influencing policy. CMA works with UK Government, the European Commission, US Government, and the UNFCCC as well as NGOs and business groupings and is frequently consulted on policy concerns for the carbon markets.
The 10 CMA Policy Streams are currently: 1 CDM and Flexible Mechanisms (Chaired by Miles Austin at EcoSecurities); 2 The EU ETS (Chair Chris leeds Barclays Capital); 3 Competitiveness and the City (Chaired by Matthew Whittell of the Climate Exchange); 4. US Policy (Chaired by Martin Gitlin of Agcert); 5 Taxation and the Carbon Market (Chaired by Frank Sangster of KPMG); 6 Aviation and Maritime (Chaired by Eva Karra of Lehman Brothers); 7 The UK Carbon Reduction Commitment (Chaired by Liz Bossley of CEAG); 8 the Voluntary Markets (Chaired by Shelagh Whitley of ESD/Camco); 9 Government Relations and Media (Chaired by Mitch Coen of Merrill Lynch); 10 Forestry (Chaired by Jan Fehse of EcoSecurities).
CMA has the support of a contractor Adam Nathan of Climate Change Public Relations as Director of Communications and Public Affairs to coordinate the group's activities.
CMA Events
CMA frequently hosts events with key policy makers to help companies stay informed on the markets. Briefings are also issued to all members. Recent meetings and briefings in 2007 have included Senator Barbara Boxer of the Environment and Public Works Committee in the US Senate; Peter Zapfel of the EU ETS Unit of the European Commission, Pierre Schellekens, Deputy Head of Commissioner Dimas's cabinet with responsibility for Climate Change; Halldor Thorgeirsson, Director, Sustainable Development Mechanisms at the UNFCCC, Ambassador Boyden Gray US Ambassador to the EU, and Hillary Benn, Secretary of State at the UK Environment Ministry (Defra).
On November 14th 2007, CMA co-hosted an International Carbon Markets Conference with the UK Treasury. This event saw companies and finance ministry officials from around the world come together to listen to public and private sector speakers including Lord Stern, author of the Stern Report. The event saw the launch of the UK Carbon Markets Expert Group, which firmly places carbon finance in the UK government's economic policy hierarchy and was deemed to be a great success.
During 2007 CMA worked with media partners to increase positive awareness of the role of carbon markets in tackling climate change. Reports appeared on Bloomberg, Reuters, the New York Times and in the Wall Street Journal. At COP/MOP 3 in Bali CMA held side events with the UK government on the future of CDM in the developing world and with the Asian Development Bank on finance flows in the carbon markets. Forty CMA members took advantage of the chance to attend the climate change talks as part of a CMA delegation as CMA has official observer status with UNFCCC.
In 2008 CMA will continue to work with the UNFCCC and the CDM Executive Board on private sector issues in the Clean Development Mechanism and Joint Implementation and on post-2012 policy. CMA will also work closely with the European Commission on the launch of its climate change review at the end of January 2008 and with the European Parliament (EP).