At COP29, the city-state unveiled a third investment theme to decarbonise hard-to-abate sectors under its national blended finance scheme and pledged to match partner concessional capital dollar-for-dollar.
The survey of energy executives in Southeast Asia found uncertainty over the effectiveness of carbon pricing and trading in reducing emissions. Better carbon accounting and transparent regulatory frameworks need to be in place to solidify Singapore's claim to be Asia's carbon hub.
Regulation is a crucial factor that investors consider before funding carbon projects, experts said at a recent event in Malaysia. Developers argue that the system does not need to be perfect to kickstart projects.
This special report looks at how a coal plant in Batangas, Philippines, could become the world’s first to be retired using the novel class of carbon credits. Are the methodologies sound, and how will just transition plans be implemented?