#carbon credits News

A view of the forest in Central Kalimantan
The demand for carbon offsets, which firms use to neutralise the pollution they cause, is rising sharply and could increase 50-fold by 2050, according to BloombergNEF. If regulation doesn't improve, the offset boom could fizzle out.
Jurong Island
The city-state is the only Southeast Asian country that has a carbon tax now. Parliamentarians were cautious in raising suggestions, as they acknowledged that Singapore might lose business to its neighbours if the hike is too drastic.
Abang Yusuf Abang Puteh, Petronas's natural gas chief
What is the Malaysian oil and gas major doing to reduce its carbon footprint? Eco-Business asked VP of LNG assets, Abang Yusuf Abang Puteh about the climate crisis, carbon capture, methane leaks and lobbying.
Vehicle emissions
Sponsored As companies in the Asia Pacific aim for net zero emissions, they may be stymied by data gaps such as a lack of emissions data from their suppliers. Here’s what they can do to overcome such obstacles.
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#carbon credits Opinion

Singapore CBD
Firms need to focus on slashing emissions from their own operations. They should use offsets that credibly remove greenhouse gases, and in the long run, stop using offsets altogether.
OCG saving the oceans
The plastic credit market needs to engender trust and credibility. Only then can it rise to its potential as an impactful tool to address plastic leakage.
President Moon Jae-in, coal phase-out
The South Korean government has decided to pursue a more aggressive greenhouse gas emission target by 2030. It should now push for more collaboration with other Asian countries to fulfil its promises, writes Dr Frank Rijsberman of the Global Green Growth Institute.
Forests cleared along Oregon’s Coast Range in the US
Permanently protecting large, mature forests is a faster and cheaper way to stabilise Earth's climate than complex carbon capture and storage schemes, and more effective than planting new trees.
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#carbon credits Videos

A view of Orchard Road, Singapore
Sponsored About four out of every five people impacted by sea-level rise by 2050 will live in East or Southeast Asia, creating an urgent need climate-smart solutions for cities. This year’s Innovate4Climate summit will look at the climate-smart solutions the region needs.
Achim Steiner talking at the Responsible Business Forum in Singapore. Image UNDP Asia Pacific
The IPCC's climate warning is an opportunity for the business world to show leadership, said UNDP's Achim Steiner in the opening speech at the Responsible Business Forum in Singapore.
climate neutral now
The UN has launched a portal that makes reducing one’s carbon footprint as easy as shopping online.
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#carbon credits Podcasts

Red ship on the ocean
Sponsored [The EB Podcast] In the third episode of the series Tomorrow’s cities: Engineering the energy transition, we explore how the shipping industry is charting a course to a low-carbon future.
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