The Business Times
business-time-50
ESG Insights

Issue 125: COP29 carbon deal a potential win for Asia; Singapore’s US$500 million blended finance signal

google-preferred-sourceAdd BT as a preferred source
Kenneth Lim

Kenneth Lim

Published Fri, Nov 15, 2024 · 07:00 PM
    • Asia was the most active market by volume for voluntary carbon credits in 2023, says Ecosystem Marketplace.
    • Asia was the most active market by volume for voluntary carbon credits in 2023, says Ecosystem Marketplace. ILLUSTRATION: KENNETH LIM

    This week in ESG: COP29 strikes quick deal on carbon markets; Singapore pledges US$500 million of concessional capital for climate action

    Carbon credits

    Early deal at COP29

    The 29th edition of the annual United Nations Climate Summit (COP29) in Azerbaijan started with a bang as negotiators agreed to accept the framework for a global carbon credit market.

    ESG InsightsCop29Carbon MarketsCarbon creditssustainable financeESG

    TRENDING NOW

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    Under the Philippines’ new policy, up to four EV models will be provided with as much as 15 billion pesos each in fiscal support, in the form of tax payment certificates.

    Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry

    When BT visited the Japan Home outlet at Eastpoint Mall in Simei on Tuesday, it was conducting stocktaking.

    Japan Home closing outlets; staff say Valu$ taking over operations

    Dennis Chua, founder and CEO of Timah Partners (centre), with members of his team (from left), Kelvin Ho, Serena Li, Yap Hsien Liang and Christopher Pang.

    Timah Partners lands S$60 million facility from lenders including UOB, RHB

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More