Climate Markets & Investment Association (CMIA)

Climate Markets & Investment Association (CMIA)

Climate Markets & Investment Association (CMIA)

The Climate Markets and Investment Association (CMIA) is an independent not for profit trade association that has been providing leadership from the private sector in the delivery of climate investment policy and market mechanisms since 2008. We hold one of two Active Private Sector Observer seats to the Green Climate Fund, and a private sector observer role at the World Bank’s Climate Investment Fund and Forest Carbon Partnership Facility. Through climate policy, finance and investment, we are leading a global coalition of private sector actors to mobilise the trillions that will enable a transition to a climate-resilient, low-carbon, sustainable economy.

Company details

100 New Bridge Street , London , London EC4V 6JA United Kingdom
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Business Type:
Nonprofit organization (NPO)
Industry Type:
Environmental
Market Focus:
Globally (various continents)
Turnover:
more than $1,000,000,000 US

According to the International Energy Agency (IEA), investments of around $16.5 trillion are required over the next 15 years in energy efficiency and low-carbon technologies to limit the global temperature increase to 2°C. Current levels of public funding committed under the Paris Agreement are far from sufficient to reach this objective. The private sector will need to play a vital role in bridging this gap.

The Climate Markets & Investment Association represents the private sector of companies, businesses and organisations working in climate finance and investment. We are a non profit trade association providing leadership to the private sector in the delivery of climate investment policy and market mechanisms.

Climate policies and regulations across the world are diverse and growing. Translating these changes into best practice or actions for investment decisions demands an interdisciplinary understanding of theory and know-how. Low carbon, climate resilient development requires an in-depth knowledge of markets, technology, policy and stakeholder interests.

We pride ourselves on knowing our members and connecting them together through networking events, working groups or workshops. Members get discounts to events, conferences and subscriptions, and access to UNFCCC climate change conferences

CMIA’s unique strength is the range and depth of knowledge and experience its membership, partners and affiliates can bring to any climate finance issue we choose to address. Our board members, affiliates, partners and supporting membership have always provided our foundations to facilitate change. We provide access to policy makers and regularly produce contributions to policy submissions. The market intelligence of our collective membership and network is unrivalled in climate finance. Translating climate policy into investment decisions is what we do.

CMIA is one of the two Active Observers for the Private Sector Organisations in the Board meetings of the $100 billion Green Climate Fund. We are also official Private Sector Observers of the $8.3 billion Climate Investment Funds, through our participation in the Forest Investment Program, and  to the $1.057 billion Forest Carbon Partnership Facility. Participation at these Board meetings, Participant Committees and Working Groups of these funds provides first hand insights to CMIA members.

Advocate
CMIA ensures the strong representation of the progressive business voice in climate change policy formulation. We are an expert and objective resource for policy makers who want to know what policies business needs to invest in climate change mitigation and adaptation. We work with various stakeholder groups to ensure the environmental integrity, robustness and permanence of the carbon markets.

We participate in international negotiations and national level policy debates to ensure that policies support private sector investment in climate change mitigation and adaptation.
We liaise with media outlets from international broadsheets to trade publications in promoting efficient market solutions to climate change, dispelling myths about the carbon markets.
Through our Working Groups, we facilitate agreement among industry players around policy positions on key issues, leveraging the numbers and expertise of our membership toward effectively influencing policy to reflect these positions.

Facilitate
CMIA increases the profile and strengthens the contacts of its members within the carbon space and with select external stakeholder groups. We also facilitate business opportunities among them.

  • From major conferences to small group drinks, we provide a variety of opportunities for our members to build relationships with key contacts.
  • Our interactive Working Group discussion fora enable members to discuss with their peers policy issues which impact on their business.
  • Our website and other online communications provide a space for disseminating news on various types of opportunities from commercial leads to media exposure.

Educate
Based on the unparalleled depth of experience of our membership in the carbon markets, CMIA’s position papers provide practical policy options for maximizing private sector participation in combating global warming. Through these, regular updates, and facilitated exchanges between members, we enable learning about issues and latest developments in the carbon markets. As we mature, CMIA aims to be a thought leader in the carbon space.

What distinguishes CMIA from other trade associations?

  • We are global, with members spanning five continents and four region-based Working Groups focusing on emerging policies
  • Our members do not have compliance obligations under cap and trade schemes, ensuring a harmonious advocacy platform that advocates for emissions reduction targets in line with science and focuses on the environmental integrity of market mechanisms
  • We represent the sub-set of the private sector that has put capital at risk, and enjoys an impeccable track record and unrivalled expertise in, delivering services, products, and carbon emission reductions.

Why does CMIA matter?
Because we strengthen the global response to climate change by ensuring that climate policy incentivizes, mobilizes, and maximizes private sector investment in climate change mitigation.

Our effectiveness and credibility as a voice in the policy making arena is founded on our unique profile - an international, emitter-free association, representing the entire value chain of carbon finance.

This section contains a calendar of CMIA activities and major events in the carbon space.  CMIA members should log on to view the details of each listing.  The general public can view the general events listing by clicking on the Carbon Markets Calendar tab above.

Developed countries are committed to the US $100 billion goal per year by 2020 for climate action in developing countries. Current levels of public funding committed under the Paris Agreement are far from sufficient to reach its objective. About a third of of private co-finance is required as achievement of the 2°C  degree target is only possible if significant levels of private finance can be leveraged.

CMIA’s mission is to provide leadership to the private sector in the delivery of climate investment policy and market mechanisms. We break down the barriers of climate complexity so that strategy and investment decisions can be made.

CMIA holds an Observer NGO status to the Conference of the Parties (COP) and for other meetings of the United Nations Framework – Convention on Climate Change. CMIA is in the business and industry NGOs (BINGO) constituency, one of the first constituencies formed so that the Secretariat of the UNFCCC could maintain effective interaction with interested stakeholders.

CMIA is a membership led organization, with an elected President and Board, beneath which Board-appointed Working Group chairs and regional heads of chapters drive the work of the CMIA at a grassroots level. CMIA’s strategy is set and executed by the Executive Director, who is also responsible for overseeing the running of the Secretariat. CMIA has an independent Secretariat that facilitates working group activities, engages in advocacy on behalf of the membership and works to ensure that the association’s work balances the needs and fairly represents all of its diverse membership.

Governments and policy makers approach CMIA for our private sector input with regards to incentivising low-carbon, resource efficient and resilient investment through market mechanisms, pre-compliance markets or climate and sustainable finance mechanisms. We hold valuable affiliations and close working relationships with organisations such as UN bodies (UNFCCC, UNEP-FI, UNEP DTU, UNCCD, FAO, UNREDD), international public financial institutions (World Bank, Asian Development Bank, African Development Bank, KfW, IDB) and ministries of finance and environment in various countries across all five continents.