Issue 51: CIX aims to set standard for carbon pricing; EU carbon tariff’s impact on S-E Asia rules
Add BT as a preferred source
In this issue: The race is on to create a standardised contract that will become a benchmark for voluntary carbon markets, while Europe’s tariffs on imported emissions have triggered only muted response from Asian governments.
Singapore
Who gets to sit on the carbon benchmark throne?
The voluntary carbon markets (VCMs) still suffer from highly inefficient pricing. The price of reducing one tonne of carbon dioxide equivalent emissions can vary widely from one project to the next, and it’s extremely challenging for a buyer to figure out what’s the right price to pay for a credit.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
