MARKET INSIGHT
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, 2024Carbon 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, 2024Greenwashing 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, 2024Global 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, 2024Annual 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, 2024COP28: 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, 2023A 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, 2023Carbon 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, 2023Carbon 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, 2023Challenges 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, 2023REM 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, 2023Southeast 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