President Mohamed Nasheed has appointed the founder of Climate Care, one of the world’s first carbon trading companies, to the position of Energy Advisor.
Mike Mason was appointed to the unpaid position at a ceremony held at Oxford University in the UK on FriDAY evening.
A statement from the President’s Office described Mason as “a world expert on renewable energy, carbon finance and offsetting”, who would be “tasked with providing the President and his office with strategic advice on how the Maldives can switch from oil based power to renewable energy, in order to improve the country’s energy security and reduce carbon dioxide emissions. ”
Climate Care was acquired by investment banking monolith JP Morgan in April 2008.