Infrastructure & Project Finance
CEE infrastructure generates international teamwork
Transport hub: Erste Group Bank has financed the extension of Dubrovnik Airport in CroatiaWith help from multilateral institutions, transport infrastructure finance deals in the new and aspiring EU members are still being completed, but on much more conservative terms. Writer Philip Alexander
Commodities & Energy Finance
Commodities: the industry still faces regulatory challenges
Speculative trading has been blamed for price spikes in energy and other commodities markets, but many economists point to growing demand from Asia as the real cause. Writer Geraldine Lambe
Climate & Sustainability
The carbon market wheels keep on turning slowly
Not so wonderful Copenhagen? December's climate meeting in the Danish capital is widely considered to have achieved little, with the US and China reluctant to commit to the UN process on carbon emissionsMuch was expected but little emerged from the climate talks in Copenhagen late last year. Moreover, with debate in the US focused on financial regulatory reform, discussion about the cap and trade system got pushed back. In Europe, market participants are worried about the move from government-allocated carbon credits to market auctions. The carbon world is not where it wanted to be. Writer Jim Kharouf
