Eco-Business

This year, readers paid attention to how climate featured on critical electoral campaigns that saw leadership change hands. Cebu and Bali, both popular tourist destinations, featured on the top story list, but for very different reasons.

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COP29 agreed on carbon market rules, but can controversial credits help protect nature and the climate?

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In recent years, biodiversity credit projects and the methods to calculate their value have proliferated, seen by some as a way to finance the US$700 billion gap in conservation funding identified in the 2022 Global Biodiversity Framework.

Eco-Business takes a look at the key issues being pushed at the pavilions of Asean countries at the climate summit in Baku.

Oleh Hans Nicholas Jong

Oleh Rhick Lars Albay

Oleh Hannah Alcoseba Fernandez

Polisi & Kewangan

COP29, in numbers

Oleh Hannah Alcoseba Fernandez dan Samantha Ho

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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. Oleh Julie de los Reyes dan Katrina Navallo

Instead of backtracking on net zero, companies are retracting unsubstantiated carbon neutrality claims – a positive development. Oleh John Lang

Private investment in conservation is always welcome but the evidence suggests governments will need to do the heavy lifting when it comes to repairing nature. Oleh Dr Yung En Chee dan Professor Euan Ritchie

An aerial view of the Southern Cardamom REDD+ project in Cambodia, image by Gabrielle See

It is risky to assume the many high-level standard-setting initiatives today can provide blanket improvements. Asian businesses all have a part to play to create a trusted carbon market that benefits climate, nature and stakeholders. Oleh Jessica Cheam dan Liang Lei

Oleh Samantha Ho

Oleh Simone Tagliapietra

Oleh Ping Manongdo

Oleh Mohamed Nasheed dan Rakesh Mohan

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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.

Breakthrough casts aside fear that carbon captured and stored underground can seep back into the air and explode.

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Studio EB 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.

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