Issue 69: Dealing with Singapore’s coming carbon tax windfall; nudging private capital towards climate adaptation

In this issue: A national climate trust fund could enable the optimal use of carbon tax revenue, while experts urge stronger participation from businesses and investors in addressing climate loss and damage.

Singapore

Whatchu gonna do with all that funds?

Singapore has published the eligibility criteria for carbon credits that companies may use from 2024 onwards to offset up to 5 per cent of their taxable emissions.