Interview with Henry Derwent, head of the International Emissions Trading Association

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The interview with the new President and CEO of the International Emissions Trading Association (IETA), Henry Derwent, was a landmark date for IETA. Its former President and CEO Andrei Marcu officially stepped down from his position as top man. Former Director of Climate, Energy and Environmental Risk at the UK Department for Environment, Food and Rural Affairs, Henry Derwent, took over the position and responsibility for IETA. Interview done by the CARBON EXPO press team. Let us start with your personal journey. This has now led you from a more political side to a more industry-related institution. How would you describe IETA and what are your personal goals?

IETA played a crucial part in the setting up of emissions trading internationally. It’s the most well established, best-known and most broadlybased business organisation promoting trading. I am convinced that without trading on a global level, the costs of combating climate change will be politically unsustainable, largely because of reactions from business interests in developed countries. I want to play a part in showing that the costs are much lower than they might seem, because there are real business opportunities wherever you look.

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