While 3C hasn't gotten to the point of discussing the cost of putting a globalcarbonmarket in place, none of its members would have a stake in the game if they didn't see big profits to be made in going green.
One of these proposals is the development of a global programme aimed at greater protection and restoration of vital ocean and coastal habitats, and of a global blue carbonmarket as a means of creating direct economic gain through habitat protection.
Following that, 3C wants to see the creation of a globalmarket for carbon emissions trading as well as government support for "clean" technology projects like carbon sequestration and wind farms.
The price of carbon hit a record low in Europe on Monday as the over-supply of emissions permits during the global economic downturn continued to undermine the carbonmarket.
Proponents of carbon trading envisage a new global investment market based on emissions trading, where companies and countries have incentives to invest in developing world projects due to the highly coveted carbon credits they receive for doing so.