Events & Media: Marc Stuart — Eco-E

The Bren School of Environmental Science & Management
at the University of California, Santa Barbara

Presents

AN ECO-ENTREPRENEURSHIP
COMMUNITY COLLOQUIUM

Marc Stuart
Equity Investor
Allotrope Partners

Monday, May 2, 2011
11:30 - 12:30
Bren Hall 1414

"Emissions Trading and Carbon Finance: Past, Present and Future"

Hosted by Emily Chan

 

Abstract
Over the past decade, carbon trading has gone from academic theory to a multi-billion dollar market. By using market forces to combat global warming, it was hoped that low-carbon-technology innovation would flourish and accelerate. Today, in Europe and Japan, no major capital allocation occurs without weighing the risks around emissions profiles – a remarkable change in such a short time. Throughout the developing world, thousands of emissions mitigation projects across dozens of sectors were developed to service those markets – and an entire class of “carbon entrepreneurs” emerged in concert. Yet, despite these considerable successes, the conclusion of the Kyoto Protocol in 2012 casts uncertainty on the continuation of carbon markets as the dominant policy tool for combating climate change. The increasing unlikelihood of a successor global agreement likely means a fragmentation of carbon policy – and the business opportunities around it. For example, here in California, carbon trading starts next year, but it differs substantially from predecessor systems in key aspects. With the emergence of China, India, and the Middle East as clean-tech hubs to rival California, Europe, and Japan, capital markets and policy supporting low-carbon development remain robust on a global level. This presentation will focus on how entrepreneurs can tap into tap those secular trends going forward.

Biography
Marc Stuart is a private equity investor in the carbon and clean-energy space. His firm, Allotrope Partners, seeks out early-stage opportunities in technology and execution platforms that are positioned to thrive in the transition to the low-carbon economy. Previously, Mr. Stuart co-founded EcoSecurities in 1997 and departed in the spring of 2010, following transition to full integration as a subsidiary of JP Morgan. With offices in 16 countries, EcoSecurities was a globally leading developer of greenhouse gas-reduction projects and was publicly traded on the London Stock Exchange until it was purchased by JP Morgan in 2009. Marc was Director of New Business Development and also headed up the firm's Government and Regulatory Affairs Group, providing the firms positions within the evolving policy and regulatory processes of the UN, EU, US and elsewhere. He has nearly 20 years of international business development experience in carbon market, project finance and clean energy development across more than 30 countries.

He is a member of the board of several entities both in and outside of the compliance carbon market. He is currently serving a two-year term as one of two private-sector observers to the World Bank’s $5 billion Clean Technology Fund. In January 2009, he was named one of 30 “Green Heroes” by CNBC European Business magazine. 

Mr. Stuart also serves on the boards of the Sustainable Fisheries Project and the Conservation Strategy Fund and is a member of the advisory board of Ecosystemmarketplace.com. He has written extensively on a variety of aspects around the emergent GHG emission regime and is a frequent speaker and interview subject on global emissions trading and project-based emissions reductions.  He is a graduate of the University of Pennsylvania, the London School of Economics and the Claremont Graduate University.  He lives in Northern California with his wife and two children.

 

NOTE: Community colloquia are generally talks of broad interest geared toward a diverse, sophisticated audience. Their purpose is not only to enhance knowledge and understanding, but also to bring people together and promote interaction that will strengthen the community.

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