Sydney, Australia, 22 October 2008 – NSW Minister for Climate Change and Environment Carmel Tebbutt announced yesterday that Martijn Wilder, head of Baker & McKenzie’s Global Climate Change and Emissions Trading Practice, will Chair the Sydney Carbon Market Taskforce to oversee the NSW Government's bid to become the country’s carbon trading hub. Martijn Wilder will lead a group of industry experts to advise the Government on the best way forward.

Commenting on the appointment, Martijn Wilder said, "In the same way that London has been successful in establishing itself as the global carbon financial centre, we have an opportunity to ensure that Sydney and Australia play a key role as the carbon trading hub for the region. With skilled professionals, financial institutions, an emissions trading scheme in development and substantial superannuation capital available to invest in the markets, the opportunities for us to create such a hub are enormous."