BBC News | In pictures: UN Climate Change Conference, 'Leap of faith'

'Leap of faith'

Paul Clements-Hunt
Unep Finance Initiative

"It's a leap of faith, how carbon can be a commodity; but once there's a price in the market, people feel they can make money out of it, it quickly becomes a commodity.

"We are looking at a carbon-constrained future and people don't want to be left behind in the marketplace."


�In pictures:�UN Climate Change Conference

	'Leap of faith' Paul Clements-Hunt Unep Finance Initiative "It's a leap of faith, how carbon can be a commodity; but once there's a price in the market, people feel they can make money out of it, it quickly becomes a commodity. "We are looking at a carbon-constrained future and people don't want to be left behind in the marketplace."