MARKET INSIGHT

MARKET INSIGHT

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2024 Carbon Forward Asia: In-depth Analysis

2024 Carbon Forward Asia: In-depth Analysis

The development of the global carbon market has received widespread attention. On March 7 and 8 in Singapore, the Carbon Forward Asia event gathered industry experts and scholars to discuss the current market situation and future trends. Participants from

March 21, 2024
Carbon Forward Asia: Overview of carbon markets in Asia-Pacific countries

Carbon Forward Asia: Overview of carbon markets in Asia-Pacific countries

Carbon Forward Asia took place on March 7 in Singapore to delve into carbon markets in the Asia-Pacific region from the perspectives of developers, consultancies, and academics, alongside discussions on the 29th United Nations Climate Summit (COP29), the

March 08, 2024
Greenwashing backlash: Case study of South Pole, Verra

Greenwashing backlash: Case study of South Pole, Verra

South Pole, the world's leading carbon project developer, was accused in October 2023 by media and internal whistleblowers of overstating the climate benefits of carbon credits generated by its Kariba REDD+ project, a large-scale forest conservation proje

March 07, 2024
Global trend in anti-greenwashing: Government responses and corporate strategies

Global trend in anti-greenwashing: Government responses and corporate strategies

Greenwashing has been frequently reported in recent years, attracting the attention of governments worldwide. In response, the European Parliament passed the Empowering Consumers for the Green Transition Directive in January, prohibiting companies from us

February 21, 2024
Annual carbon market review and outlook for 2024

Annual carbon market review and outlook for 2024

In 2023, the EU launched a sweeping Carbon Border Adjustment Mechanism (CBAM), ushering the global carbon market into a new era; China's carbon prices saw record highs despite a lack of trading momentum; South Korea introduced its first carbon neutrality

January 24, 2024
COP28: How Article 6 of Paris Agreement works and why is it important?

COP28: How Article 6 of Paris Agreement works and why is it important?

The 2023 United Nations Climate Change Conference (COP28) closed on December 12, with particular attention on the adoption of Article 6 of the Paris Agreement, which allows parties to offset their own emissions by financing other countries' reduction init

December 22, 2023
A guide to decarbonize your business’ supply chain

A guide to decarbonize your business’ supply chain

Quite a few companies have shifted from carbon offset scheme to reducing carbon footprint in supply chains, an approach that can prevent greenwash and increase brand credibility. But what are the methods and challenges of supply chain decarbonization?

November 16, 2023
Carbon reduction for businesses – Carbon negative technology

Carbon reduction for businesses – Carbon negative technology

According to the Intergovernmental Panel on Climate Change (IPCC), global warming must be limited to 1.5°C by 2030 to avoid climate disasters.

September 27, 2023
Carbon reduction for businesses - Internal carbon pricing

Carbon reduction for businesses - Internal carbon pricing

According to the Carbon Disclosure Project (CDP), more than 1,200 companies worldwide have adopted internal carbon pricing to date, with an annual growth rate of over 10%.

August 26, 2023
Challenges facing food Industry on the road to carbon reduction

Challenges facing food Industry on the road to carbon reduction

The global food supply chain accounts for 26% of total greenhouse gas (GHG) emissions, including land use, freshwater withdrawal, livestock farming, and transportation. As environmental awareness grows, the carbon footprint of food products is gaining sig

June 30, 2023
REM Asia 2023 highlights: Challenges and opportunities facing Asia's carbon markets

REM Asia 2023 highlights: Challenges and opportunities facing Asia's carbon markets

In response to the global net zero trend, governments in Northeast and Southeast Asia have announced policy plans, covering carbon taxes, carbon trading, as well as mandatory and voluntary markets. While everything seems in the progress, the Renewable Ene

May 29, 2023
Southeast Asian countries' ambitions for voluntary carbon market

Southeast Asian countries' ambitions for voluntary carbon market

In recent years, carbon markets have gained increasing attention from governments, corporations, and investors. In Southeast Asia, Thailand and Malaysia have established voluntary carbon credit trading platforms and exchanges in 2022.

April 12, 2023
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