#carbon credits News

SG coffee
Eco-Business takes a look at the key issues being pushed at the pavilions of Asean countries at the climate summit in Baku.
Kelvin Wong DBS at ASIFMA 2024
Cirebon 1’s financial advisor says the model "might not be replicable" nationwide as grid stability costs were overlooked early on and transition credits – being trialled in the Philippines – may not apply. Updates on the pending transaction are expected at COP29.
Al Jaber hands over a gavel Babayev
The Article 6.4 mechanism under the Paris Agreement has been approved on the first day of the summit. The COP presidency called this an early win, but the fast-tracked process has drawn criticism from civil society and legal experts.
COP29 AI

Policy & Finance

COP29, in numbers

How much could a new climate finance goal amount to? How many delegates will attend the summit this year? Eco-Business explores which numbers matter at the world’s biggest climate conference that will kick off in Azerbaijan this week.
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#carbon credits Opinion

Biodiversity_Credits_Rhino
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.
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.
AKWOA Semangat Tinak
Enshrining free, prior and informed consent in Malaysian law can improve the credibility of carbon projects. In the meantime, carbon conversations must include Indigenous voices and wisdom.
International_Monetary_Fund_Kristalina_Georgieva
As the only multilateral institution charged with maintaining global financial and fiscal stability, the IMF’s role is critical for addressing climate change.
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#carbon credits Videos

Transition credits explainer video_title card
There is consensus that coal needs to be retired early in Asia, but the mechanisms for financing the phase-out are not clear. This mini-documentary examines how transition credits work and whether they can fund Southeast Asia's equitable switch to clean power.
Dr Sylvia Earle
Exclusive In this exclusive interview to mark Earth Day, Eco-Business speaks to Dr Sylvia Earle, oceanographer and founder of Mission Blue, who draws the link between our climate crisis and the health of our oceans.
A view of Orchard Road, Singapore
EB Studio 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.
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#carbon credits Podcasts

Airplane-contrails2
EB Studio 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
Clover Hogan, climate activist, speaking in 2019
Eco-anxiety is a healthy psychological response, says 24-year-old activist Clover Hogan. The founder of nonprofit Force of Nature tells the Eco-Business Podcast how to respond to anxiety in a world that is "numb" to the climate crisis.
Gojek vehicle in Indonesia
GoTo sustainability head Tanah Sullivan tells the Eco-Business Podcast that regulating net-zero claims would decarbonise Southeast Asia faster. Indonesia's biggest internet firm aims to cut emissions to zero by 2030 — a target critics say is unrealistic.
Red ship on the ocean
EB Studio [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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