AGT Launches Islamic Carbon Trading

Clinton, NY, November 16, 2012 --(PR.com)-- Advanced Global Trading introduces Carbon trading in the Middle East. Carbon Trading is a form of green trading that uses certificates to represent a reduction of greenhouse gasses in the atmosphere, is gaining popularity. AGT experts stress to deal with reputable companies as there are many scam and fraud companies out there claiming and trading in fake carbon credits. For details visit their website at www.advancedglobaltrading.com

Carbon trading is not only a financial mechanism to accelerate change towards a cleaner environment, but also a great way for investors to profit from the current carbon market boom.

According to the World Bank, the global carbon trading market is now worth a phenomenal US $144 billion, up 6% from 2008 despite the global downturn, and is expected to grow to over $1 trillion by 2025. In the region there is good reason to invest in carbon trading. The UAE, Qatar and Kuwait all signed and ratified the Kyoto Protocol in April 2010.

Dubai’s Carbon Centre of Excellence recently unveiled plans to offset five million tonnes of carbon annually and high carbon producing companies, such as DEWA, Dubai and Enoc, announced they are considering carbon emission reduction quotas.

Yet, up until recently, carbon trading was often considered a complicated concept, involving risks that could not easily be understood or mitigated. This is why Advanced Global Trading (AGT), an industry-leader in sourcing and trading carbon credits, launched its operations in Dubai last June. Regional investors now have access to analysts that can facilitate faceto- face the trading of one the world’s fastest-growing commodities.

AGT specializes in the trading of voluntary emissions reductions (VERs) in the over-the-counter green market, an ideal market for the region. AGT partner Charles Stephenson explains: “The potential market for carbon credits is huge as, under the Kyoto Protocol, it’s not just companies but governments that are forced to offset their emissions.

“These credits may then be traded between investors before they are ultimately sold to companies or individuals who wish to offset their own emissions. Without each part of the life-cycle the credit volume would not be as high, so the number of projects created would be less and the cycle continues – so investors are a key part in the process,” he says.

Stephenson adds: “The potential market for carbon credits is huge as, under the Kyoto Protocol, it’s not just companies but governments that are forced to offset their emissions. Even outside of the agreement, many companies are buying carbon credits to improve their corporate social responsibility and gain a ‘greener’ reputation while diversifying their portfolios along the way.”

With offices in Dubai and further offices in Zurich, Doha, Johannesburg & Abu Dhabi AGT currently employs over 200 employees.