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Saturday, October 16, 2004

Australia could be eco-superpower

Ecology and the recreation of devastated or disturbed patches of land clearly is an emerging market sector, where the market leaders as such have yet to be established.

Australia pushed into the territory with the launch in Sydney of the world's first online centre for the emerging trade in ecological services, which syncs with the ongoing development of the Kyoto protocol.

The system, found at http://www.EcosystemMarketplace.com is a clearing house for eco-markets and the emerging trade in credits for carbon, water quality and biodiversity.

"The online centre would spread information about emerging markets, report trades, connect buyers and sellers, and reduce transaction costs."