10 May 2006 — 

Cologne, Germany, Washington, DC, May 10, 2006 - Natsource LLC, an emissions and renewable energy asset manager, announced the completion of its annual analysis of greenhouse gas (GHG) market activity in 2005 and the first quarter of 2006 on behalf of the World Bank’s Carbon Finance Unit.  The analysis shows extensive growth in traded volumes for European Union Allowances (EUAs) and Certified Emission Reductions (CERs) created by Clean Development Mechanism (CDM) projects located in developing countries that have ratified the Kyoto Protocol (KP).  These transactions were valued at $10.9 billion in 2005.