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Innovative financing mechanisms can ratchet up climate ambition in these times

Summary by Business Times
To reduce emissions, achieve sustainable growth and deliver the objectives of the Paris Agreement, South-east Asia requires an annual average investment of US$171 billion to US$185 billion from 2026 to 2030. The imperative of submitting more progressive Nationally Determined Contributions (NDCs) this year and fulfilling them is likely to push this figure higher.
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Business TimesBusiness Times

Innovative financing mechanisms can ratchet up climate ambition in these times

To reduce emissions, achieve sustainable growth and deliver the objectives of the Paris Agreement, South-east Asia requires an annual average investment of US$171 billion to US$185 billion from 2026 to 2030. The imperative of submitting more progressive Nationally Determined Contributions (NDCs) this year and fulfilling them is likely to push this figure higher.

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Carbon CreditsCarbon Credits

Singapore’s $1 Billion Carbon Credit Push: A New Path to Net Zero?

Singapore is actively developing its carbon market to become a global hub for carbon trading. A key step in this direction was the country’s first-ever carbon credit auction, which attracted over S$1.3 billion (around $1 billion) in bids. A carbon credit is a certificate representing one tonne of carbon dioxide (CO2) removed from or prevented from entering the atmosphere. Companies and countries can buy these credits to offset their greenhouse g…

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Carbon Credits broke the news in on Wednesday, April 2, 2025.
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