For carbon markets to take off, players in this space need greater clarity on the factors that are shaping the market trajectory.
International carbon markets will offer Singapore another route to reduce its emissions, even as it prioritises domestic efforts to do so.
“The explores the underlying drivers that could shape the trajectory of carbon markets. We hope the insights are useful in encouraging discussion around key actions that can develop a more effective carbon market to support global decarbonisation,” he added. GenZero’s Carbon Scenarios report highlighted three scenarios, each with varying degrees of international collaboration, that show that carbon markets will still have a role in all three outcomes.
Those which are able to decarbonise their economies at lower cost, do so first, and once they have met their climate targets, they sell their excess emissions reductions to other countries which face more difficulties decarbonising. In January 2023, news outlet the Guardian published a report claiming that most nature-based carbon projects were “worthless”. Another Bloomblerg article in March 2023
However, the report pointed to numerous ongoing initiatives that could help to enhance the environmental integrity of carbon credits available in the market.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Singapore-backed platform CAD Trust boosts transparency, covers 85% of carbon credit marketCAD Trust was founded the Singapore Government, World Bank and the International Emissions Trading Association.
続きを読む »
Singapore-backed platform boosts transparency, covers 85% of carbon credit marketClimate Action Data Trust was founded the Singapore Government, World Bank and the International Emissions Trading Association.
続きを読む »
Tan See Leng on transition framework for carbon tax and Energy Efficiency FundThe Economic Development Board has been engaging affected companies on the details and implementation of the carbon tax transition framework, which will be calibrated to spur companies to invest in decarbonisation.
続きを読む »
Commentary: Malaysia must unlock the potential of carbon creditsMalaysia’s expansive forests present an opportunity for generating carbon credits, but realising this potential is fraught with jurisdictional complexities, says a sustainability specialist.
続きを読む »
Research highlights Australia's carbon credit 'catastrophe'SYDNEY: Australia's carbon credit scheme was undermined by damning new research on Wednesday (Mar 27), which found a world-leading reforestation project had been an underperforming "catastrophe".
続きを読む »
Intel, AMD fall on report China blocks US chips in state computersIntel and Advanced Micro Devices fell more than 2 per cent on Monday (Mar 25) after a report that China would limit the use of their chips and servers in government computers, potentially threatening billions of dollars in sales for the US companies.
続きを読む »