Carbon financing, be it through nature or technology-based solutions, will be key to near and long-term decarbonisation in Asia. With the region’s emissions trading systems seeing some progress, regulation is still crucial to momentum and expansion.
EB Studio
There are few to no companies immune to climate risks today. This is forcing organisations to rethink business plans to weather climate-related shocks. Early action and a future-focused corporate purpose could spare enterprises from the worst that lies ahead.
Asia’s sustainability heads foresee some relief from reporting burdens this year, but articulating the financial value of social, biodiversity and climate-related impacts, engaging suppliers and staying ahead of regulations will keep them busy.
While it might be a temporary solution, the use of palm oil credits, facilitated by leading certifier RSPO, has been crucial in funding sustainable production and regenerative agricultural efforts, say smallholders and industry observers.