Carbon Markets

The opportunity set could go up to US$8.5 billion

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

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

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

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

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

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

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