Asia Carbon Institute, a carbon credit certifier launching in both Singapore and Hong Kong this week, aims to have up to 100 projects in its registry in a year's time. The focus is on urban and tech-based solutions.
Cambodia's leaders are anxious to prove to the world that the forest conservation mechanism can address climate change while providing opportunities for people to thrive in a “new Cambodia”. But there are concerns about greenwash, and observers point to how such projects can end up being a guise for illicit land grabbing by ruling elites.
Governments and bourses are warming to working with voluntary carbon markets to help meet their decarbonisation agendas, but are also grappling with integrity controls in a sector known to harbour black sheep.
Western governments want to advance the clean energy transition without being overly dependent on China for critical minerals. But their plans fail to acknowledge a potential obstacle: the fraught local politics of opening up new mines.
Protecting the world's forests would contribute significantly to the fight against climate change. But to do that, we must find the right balance between food production and reforestation, says WRI experts.
and Nancy Harris, Octavia Payne
Renewable energy is one promising solution to reduce carbon emissions and mitigate against climate change; but no technology is as effective at storing carbon as tropical forests, says Rockefeller Foundation's Lorenzo Bernasconi.