BlueNext, the international exchange for the environment, jointly owned by NYSE Euronext and Caisse des Dépôts, operating markets in carbon emission allowances and credits, today announced the appointment of Andrei Marcu as Chief Executive Officer.
Mr. Marcu joins BlueNext with over 7 years of experience in emissions trading issues. Prior to joining BlueNext, Mr. Marcu served as President and CEO of IETA - the International Emissions Trading Association, a non-profit business organization created in 1999 to establish a functional framework for trading in greenhouse gas emission reductions. Earlier, he served from 1998 to 2000 as Manager of corporate initiatives at the United Nations Development Programme, the UN's global development network, and held from 1981 to 1998 a series of positions with various responsibilities at Ontario Hydro, the owner and operator of transmission lines formerly provided by the provincially owned utility across Ontario.
“We are delighted to have Andrei joining our team, bringing an in-depth knowledge and outstanding industry experience to our company, said Serge Harry, Chairman of BlueNext. I am extremely confident that Andrei will accomplish our growth objectives with the international deployment of a comprehensive range of products and services, enabling BlueNext to become a world leader for trading in environment-related instruments.”
“I am proud and very excited about the opportunity to lead and be part of BlueNext’s global development, said Andrei Marcu. Carbon markets are critical to reaching increasingly demanding environmental objectives, while maintaining economic efficiency and addressing social concerns. BlueNext has a well-defined business strategy in place and is uniquely positioned to fully benefit from the industry’s growth perspectives.”
About BlueNext
BlueNext is the international exchange for the environment, operating markets in carbon emission allowances and credits. BlueNext, in which NYSE Euronext holds a 60% interest while the remaining 40% is held by Caisse des Dépôts, today operates a spot market in CO2 emission allowances that is the European leader in the field, from trading through to worldwide DVP settlement in real time. BlueNext aims to be a world leader for trading in environment-related instruments and will be pursuing this goal with the international deployment of a comprehensive range of products and services, by the same token consolidating its user base across both financial and industrial sectors.
