Opinion / #carbon credits
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.
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.
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.
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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