Abyd Karmali | World Climate Summit 2012

Abyd Karmali | World Climate Summit 2012Abyd Karmali is managing director and Global Head of Carbon Markets at Bank of America Merrill Lynch.  He is the company’s point person for carbon business opportunities and serves on Bank of America’s Environmental Council, which manages the firm’s ten-year, USD 50 billion environmental business initiative.  Karmali has worked for more than two decades on climate change and serves as elected President of the Climate Markets and Investment Association.  Over the past 5 years, his team has won several awards for innovative climate finance transactions from Financial Times/International Finance Corporation’s sustainable finance awards, The Banker, and Environmental Finance magazine.  Karmali was previously employed as a management consultant with ICF International and at the United Nations Environment Programme.  He holds an M.S. in Technology and Policy from the Massachusetts Institute of Technology.

via Abyd Karmali | World Climate Summit 2012.

One thought on “Abyd Karmali | World Climate Summit 2012

  1. Mr. Abyd Karmali was among the first AKF-ISP recipients, allowing him to join the very prestigious and trail-breaking program at MIT. It is wonderful to see his substantive achievements and contributions – UNEP, ICF, and leading global financial institutions, as well as service within the Ismaili community’s social governance structures (Washington DC, then Council for Canada) and more recently with FOCUS, the exemplary humanitarian relief agency of the Aga Khan Development Network (making positive impacts on individuals and societies without regard to faith, origin or gender).

    Complimenting his various listed leadership roles, Mr. Karmali is also Chairman of the Board for Just Energy. Just Energy, based in South Africa, was founded by OXFAM and allows for low-income communities to enable renewable energy enterprises as a means of providing new revenue and local employment opportunities: http://just-energy.org/

    In the world of financial engineering in the fight against climate change, Mr. Karmali’s work is legendary. Of note was his recognition at the 2008 Environmental Finance awards: http://www.ml.com/media/108192.pdf

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