Can carbon credit ratings bring peace of mind to a troubled market?

📆 21/04/2024 5:04 a. m.
📰 STForeignDesk

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Carbon credit ratings can bring much needed transparency and accountability to the market – but is it enough to overcome years of mistrust?

From left: Mr Duncan van Bergen, co-founder of Calyx Global and David Fogarty, ST's Climate Change Editor in the podcast studio.Synopsis: Every first and third Sunday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

A major problem around the carbon credit market is trust and transparency – do carbon offset projects achieve what they pledge? How can we be sure? And will local communities benefit?

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Carbon credits can still help with decarbonisation in fragmented market: ReportFor carbon markets to take off, players in this space need greater clarity on the factors that are shaping the market trajectory.
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