Issue 79: Implementing Article 6 carbon credit trading; COP28 finds a path forward
In this issue: Singapore’s first Article 6 implementation deal contains an Overall Mitigation in Global Emissions feature, while a pledge to “transition” away from fossil fuels secures consensus in Dubai.
Singapore & S-E Asia
Opening the carbon credit trade route
Singapore will now be able to use carbon credits generated in another country to meet its emissions reduction targets, following a landmark carbon credits implementation agreement with Papua New Guinea.
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