Eco-Business

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But exceptions have been made for REDD+ projects from Papua New Guinea that adopt a jurisdictional approach to measure deforestation rates. The eligibility list will be reviewed annually.

Ravi Menon, who heads the Monetary Authority of Singapore (MAS), says that an appropriate carbon price will render blended finance and carbon credits to lower the cost of capital for energy transition projects in emerging markets unnecessary. He was speaking at the COP28 summit.

A coal-fired power station owned by Ayala Corporation in South Luzon

Using the novel class of carbon credits, the Monetary Authority of Singapore aims to retire one of the facilities a decade earlier. The pilots will inform the work of a coalition that will be creating a standardised approach to accelerate Asia's coal phase-out.

Louis Booth APAC commercial lead Sylvera

APAC commercial lead Louis Booth is part of the new outfit. The company is also helping to curate a new basket of “A-rated” nature credits with carbon bourse AirCarbon Exchange.

By Ng Wai Mun

By Gabrielle See

By Liang Lei

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Investors now need to be fully aware of the environmental and social implications of geopolitics – or else remain oblivious to the risks and opportunities. ESG must become ESGG. By Steven Okun, Gillian Meyers

The first auction on Malaysia’s new voluntary carbon market, the Bursa Carbon Exchange (BCX), took place on 16 March, with around RM7.7 million in carbon credits sold. By Dr Pieter E. Stek

The market must work in sync with a range of policy instruments. Stable institutional and regulatory structures must balance competing interests and trade-offs to ensure optimum coverage, caps, pricing and reporting. By Aman Srivastava

Firms may choose to bring manufacturing plants back to the EU to avoid bureaucracy, hurting the economies of the nations that once hosted them. The bloc should help to fund costly decarbonisation programmes using tax money. By Miriam González Durántez and Calli Obern

By Hannah Alcoseba Fernandez

By Vinod Thomas and Ed Araral

By Nicholas Stern and Joseph E. Stiglitz

By Dan Lashof

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Achim Steiner talking at the Responsible Business Forum in Singapore. Image UNDP Asia Pacific

The IPCC's climate warning is an opportunity for the business world to show leadership, said UNDP's Achim Steiner in the opening speech at the Responsible Business Forum in Singapore.

Before the Flood presents Oscar-winning actor and environmentalist Leonardo DiCaprio's three-year journey to every corner of the globe to document devastating climate change impacts, and what humanity must do to reverse it.

US military aid in Haiyan relief efforts

Yeb Saño, head of the Climate Change Commission of the Philippines, attributes typhoon to climate change and calls for international community to implement a 'loss and damage' mechanism

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"Earth For All" is an update to the landmark 1972 book that warned of our unsustainable growth. Jørgen Randers, the author who worked on both titles, tells Eco-Business what is at stake if we don't fix our broken economic system.

The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.

A recent study found that 9 in 10 accountants want companies to be more sustainable after the pandemic. Eco-Business asked Association of Chartered Certified Accountants sustainability head Jimmy Greer about reinventing capitalism and making the numbers of net zero commitments add up.

EB Studio [The EB Podcast] In the third episode of the series Tomorrow’s cities: Engineering the energy transition, we explore how the shipping industry is charting a course to a low-carbon future.

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