Abyd Karmali, Managing Director and Global Head of Carbon Emissions at investment bank Merrill Lynch, willÂ discuss the recent surge of interest and activity in climate change-related investments among the world's biggest investment banks, fund managers and other financial institutions in his presentation, "Investment Banks Jump on Board: Mining the Opportunities in Global Carbon Markets."Â Mr. Karmali will discuss how such firms identify, evaluate and maximize the financial and strategic opportunities within greenhouse gas emissions trading regimes.Â In addition, he will offer examples of other cutting-edge financial instruments developed specifically in response to address climate change.
Mr. Karmali has worked for 17 years on climate change and the carbon markets.Â He is the point person for carbon emissions across Merrill Lynch's geographies and financial products and services.Â Over the years Mr. Karmali has provided strategic advice on issues relating to the commercial risks and opportunities posed by carbon emissions constraints to dozens of European, US, and Asian companies in the FT Global 500 as well as to several government agencies and regional development banks.
Mr. Karmali holds a M.S. in Technology and Policy from the Massachusetts Institute of Technology and was previously employed with ICF International in Washington DC (1990-1995), Toronto (1998-2000), and London (2001-2007). His most recent assignment was as Managing Director for ICF International's European operations. In 1996-97 he was Climate Change Officer at the United Nations Environment Programme's Industry office in Paris and participated in the Kyoto Protocol negotiations.
NetcastÂ - Visit Yale "Business & Management" or "Environment" in the "Center for Business and Environment" tabÂ (must have iTunes to download)
Funding for the Carbon Finance Speaker Series was made possible by a generous grant from the Emily Hall Tremaine Foundation.