The city-state is in advanced talks with a few countries in the region, including Thailand, says a government official. To date, Singapore has struggled to find eligible credits from its seven existing carbon trading partners.
This accelerated timeline would align its target with the Paris Agreement’s 1.5°C warming limit. The country aims to cut its emissions by 60 per cent from a 2019 baseline by 2035, says a government official.
Thailand’s Climate Change Act is timely and responsive to public concern, but the current version is a frail gesture addressing a complex problem.
作者
Watcharapol Supajakwattana 和
Paul Chambers
Should regulators consider the impacts of climate change on people living outside their national borders, and on future generations, when putting a price on carbon?
作者
Peter Singer
Asean's growing carbon trading initiatives present vast opportunities for emissions reduction and economic growth, but equitable frameworks and robust regulations are critical to their success.
作者
Julie de los Reyes 和
Katrina Navallo
The convergence of the compliance and voluntary markets, demand for high-quality carbon credits and efforts to raise the bar on project credibility mean the conditions are right for a market rebound, observers said at the GenZero Climate Summit in Singapore.
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.
EB工作室
With alternatives such as sustainable aviation fuel still too expensive and low in demand for the aviation industry to consider, carbon offsets could be a way to reduce emissions – if used right. EcoSecurities and the International Air Transport Association tell the Eco-Business podcast how airlines can ensure compliance when new regulations become mandatory
David Antonioli says current rules spur piecemeal offsetting instead of enabling faster growth of climate ventures. He expects pushback to his ideas in a market polarised over integrity issues, but wants players to think big-picture.
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.