Abyd 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.