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

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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

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