Carbon Markets

Singapore and World Bank team up to launch carbon markets programme

It aims to tackle the obstacles hindering the development of such markets

The industry alliance is also supported by organisations such as Bain & Company and World Wide Fund for Nature Singapore.

Singapore contributes US$15 million to support carbon credit projects aligned with Paris Agreement

It is the first Asian country to pitch in to the carbon transaction facility

There are plans to shut the the South Luzon Thermal Energy Corporation coal plant in 2030 through transition credits.

Philippine transition credits to cost between S$50 and S$80 in line with Singapore’s carbon tax

This is not the cheapest price range, but replacing coal with solar energy and battery storage is expensive

Malaysia is rolling out a new carbon tax this year, and pointing it directly at the heavy hitters first: iron, steel and energy producers.
HOCK LOCK SIEW

Never mind the ozone layer, mind your dividends

​If a company emits a lot of smoke to make its products, its costs are about to shoot up

A carbon credit transfer agreement was signed between Singapore, represented by Singapore’s Minister-in-charge of Energy and Science and Technology Tan See Leng (right), and Thailand's minister of natural resources and the environment Chalermchai Sri-on last August.

Singapore carbon tax hike spurs demand for credits, but companies face supply crunch

Government is again looking into allowing roll-over of unused credits, and trying to ink carbon credit transfer deals with more countries

From a whopping US$160 to just under US$0.10, the price of a tonne of carbon is set to remain at extremes globally.

Carbon tax: Where Singapore stands in a world divided on price

From a whopping US$160 to just above US$0.70, the price of a tonne of carbon is set to remain at extremes globally

Indonesia will work with like-minded countries to scale demand for high-integrity carbon credits for forest and nature-based solutions, says Minister of Forestry Raja Juli Antoni.

Indonesia joins government-led coalition to grow carbon markets

It will be able to bring expertise on forest-based carbon projects and nature-based solutions, the group says

Grant recipients are expected to be responsible for addressing the technical challenges of estimating biomass in ecosystems in South-east Asia.

EDB issues grant call for monitoring technologies for biomass projects

It will fund academic and industry players to develop digital measurement, reporting and verification technologies

Mark Dalio, founder and co-CEO of OceanX, sees investing in technologies that support better data collection, processing and synthesising as opportunities that are easier to get traction on.

AI-driven oceantech is the most investable path in ocean financing: Mark Dalio

The OceanX founder and co-CEO believes such investments might bring about outsize economic and environmental impact

“We need to, collectively as an industry, focus on demand. How do we help companies build their business rationale for carbon credits,” said Choo Oi-Yee, CEO of CIX.

Carbon market players to focus on driving up demand of credits in 2026: CIX

Carbon exchange Climate Impact X CEO notes the importance of building confidence in the procurement of carbon credits