Carbon Markets

Singapore implemented a carbon tax in 2019, and has developed an ecosystem of carbon-market players, service providers and exchanges.

Singapore and World Bank team up to launch carbon markets programme

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

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

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

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

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

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

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

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