As commitment to climate action unwinds in some parts of the world, companies in Asia could play an important role in the decarbonisation story. But sourcing the right tools to reduce emissions is critical.
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.
House Bill 7705, the low carbon economy bill, could help the climate-vulnerable nation seize the economic opportunities that come with decarbonisation.