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Assessment for carbon project suitability (technical, methodological, financial) Erkan KALAYCI, Partner of Green Consult and Finance, has successfully defended his Ph.D. thesis on “A MULTI-PERIOD STOCHASTIC PORTFOLIO OPTIMIZATION AND HEDGING MODEL APPLIED FOR THE AVIATION SECTOR IN THE EU ETS” and got his Ph.D. degree. The consideration of all the actually valid EU ETS regulatory and real-world oriented, managerial, trading constraints in the airline sector, makes his model to a real-life application, which in the constellation and idea, set up in this thesis, has not been applied in academic research before. That is, his work will be a keystone for the ones who are active or would like to improve themselves in emission trading within the airline sector. As Green Consult and Finance, we congratulate him for his successful work.