The standards organisation accused of approving “worthless” credits last year got an endorsement for meeting the ICVCM's quality criteria. The carbon market outlook remains unclear, with Indonesia recently censuring a huge forest project.
Co-led by two senior South Pole staff, the Singapore-based Asia Centre of Carbon Excellence seeks to grow nascent decarbonisation projects in the region, such as early coal phase-out, greener shipping fuels and carbon capture and storage.
Jennifer Morris, who heads up the global conservation outfit, rules out preserving nature through internationally traded biodiversity credits as it does not make scientific sense, but says “like for like” regional certificates could work.
Energy storage and just transition costs would make such novel credits several times more expensive than the typical renewable energy or forest conservation offsets available today.
Malaysia is expected to launch its first local nature-based carbon credit but it faces a jurisdictional quagmire, wherein forest management is predominantly governed by state authorities.
Oleh
Renard Siew
The pop superstar claims she can offset the immense carbon footprint of her private jet but the only way for the superrich to reduce their climate impact is to fly less and choose more sustainable forms of transport.
Oleh
Benja Faecks dan
Eleanor Scott
As businesses come under pressure to meet net-zero targets, they are increasingly investing in forest-protection projects to cancel out their carbon emissions. But what could have been a viable climate-mitigation option has become little more than a licence to pollute, to the detriment of indigenous communities and the planet.
Oleh
Mateo Estrada
Studio EB
Thinking about your carbon footprint can be mind-boggling. Even if you wanted to do something about it, where do you start? With this mobile app, all the information you need is at your fingertips.
GoTo sustainability head Tanah Sullivan tells the Eco-Business Podcast that regulating net-zero claims would decarbonise Southeast Asia faster. Indonesia's biggest internet firm aims to cut emissions to zero by 2030 — a target critics say is unrealistic.
The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.
With governments and companies racing towards net zero, Google has set a target to use clean energy for every location and every hour of its operations by 2030. Is this possible?
Solar, wind, carbon capture, nature-based solutions—what are the technologies needed to combat climate change? Eco-Business asked clean energy entrepreneur Hendrik Tiesinga where the smart money is going.