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California Cap-and-Trade and International Forest Carbon Offsets for Institutional Investors

California Cap-and-Trade and International Forest Carbon Offsets for Institutional Investors

Author(s): Terra Global Capital

Publication Date: 2012

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This report was prepared to help educate institutional investors about forest carbon markets in general, and more specifically, how forest carbon elements of the new AB 32 law in California may impact institutional investors. AB 32 and the cap-and-trade program present risks, as well as opportunities, for institutional investors. This report reviews the cap-and-trade program, discusses the use of domestic and international forest offsets, and highlights the materiality of AB 32 on investments in California.

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