Main concerns about carbon credits?

Restoring trust in carbon credit market?

Qualities of good carbon credits?

Percentage and types of A-rated projects?

Main concern with forestry projects?

Why are non-carbon benefits important?

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

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.

Depending on who you speak to, carbon credits hold great promise as a tool to achieve deep cuts in carbon emissions to fight climate change. Or they are a scam that fails to deliver what they promise. 

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?

Ultimately, carbon credits should be treated like any other financial asset – they should be held up to scrutiny. And that means they should be rated for their quality and integrity, just like bonds. 

And increasingly that is what is happening. Several companies now offer ratings services for carbon credits to help buyers make better choices and meet due diligence requirements. But will this be enough to answer critics’ concerns about the carbon market?

To learn more about this, we speak to Mr Duncan van Bergen, co-founder of Calyx Global, a carbon credit ratings company based in Singapore.  

Highlights of conversation (click/tap above):

1:38 What are the main concerns about carbon credits?

4:04 How is trust being restored to the carbon credit market?

6:13 What does a high-quality carbon credit look like?

10:47 Your firm rates credits from projects from highest (A-rating) to lowest (E-rating). What percentage are at the highest rating and what types of projects are these?

14:40 What is the main worry about forestry projects?

20:54 What are the non-carbon benefits of carbon projects and why are they important?

Produced by: David Fogarty (dfogarty@sph.com.sg), Ernest Luis, Fa'izah Sani & Amirul Karim

Edited by: Hadyu Rahim

Follow Green Pulse Podcast here and rate us:

Channel: https://str.sg/JWaf

Apple Podcasts: https://str.sg/JWaY

Spotify: https://str.sg/JWag

Website: http://str.sg/stpodcasts

Feedback to: podcast@sph.com.sg

Follow David Fogarty on X: https://str.sg/JLM6

Read his articles: https://str.sg/JLMu

---

Discover more ST podcast channels:

All-in-one ST Podcasts channel: https://str.sg/wvz7

The Usual Place: https://str.sg/wEr7u

In Your Opinion: https://str.sg/w7Qt

COE Watch: https://str.sg/iTtE

Asian Insider: https://str.sg/JWa7

Health Check: https://str.sg/JWaN

Green Pulse: https://str.sg/JWaf

Your Money & Career: https://str.sg/wB2m

Hard Tackle: https://str.sg/JWRE

#PopVultures: https://str.sg/JWad

Music Lab: https://str.sg/w9TX

---

ST Podcast website: http://str.sg/stpodcasts

ST Podcasts YouTube: https://str.sg/4Vwsa

---

Special edition series:

True Crimes Of Asia (6 eps): https://str.sg/i44T

The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

Invisible Asia (9 eps): https://str.sg/wuZn

Stop Scams (10 eps): https://str.sg/wuZB

Singapore's War On Covid (5 eps): https://str.sg/wuJa

---

Get The Straits Times' app, which has a dedicated podcast player section:

The App Store: https://str.sg/icyB

Google Play: https://str.sg/icyX

---

#greenpulse

Carbon credit ratings can bring much needed transparency and accountability to the market – but is it enough to overcome years of mistrust?
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.
Depending on who you speak to, carbon credits hold great promise as a tool to achieve deep cuts in carbon emissions to fight climate change. Or they are a scam that fails to deliver what they promise. 
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?
Ultimately, carbon credits should be treated like any other financial asset – they should be held up to scrutiny. And that means they should be rated for their quality and integrity, just like bonds. 
And increasingly that is what is happening. Several companies now offer ratings services for carbon credits to help buyers make better choices and meet due diligence requirements. But will this be enough to answer critics’ concerns about the carbon market?
To learn more about this, we speak to Mr Duncan van Bergen, co-founder of Calyx Global, a carbon credit ratings company based in Singapore.  
Highlights of conversation (click/tap above):
1:38 What are the main concerns about carbon credits?
4:04 How is trust being restored to the carbon credit market?
6:13 What does a high-quality carbon credit look like?
10:47 Your firm rates credits from projects from highest (A-rating) to lowest (E-rating). What percentage are at the highest rating and what types of projects are these?
14:40 What is the main worry about forestry projects?
20:54 What are the non-carbon benefits of carbon projects and why are they important?
Produced by: David Fogarty (<a href="mailto:dfogarty@sph.com.sg">dfogarty@sph.com.sg</a>), Ernest Luis, Fa'izah Sani &amp; Amirul Karim
Edited by: Hadyu Rahim
Follow Green Pulse Podcast here and rate us:
Channel: <a href="https://str.sg/JWaf">https://str.sg/JWaf</a>
Apple Podcasts: <a href="https://str.sg/JWaY">https://str.sg/JWaY</a>
Spotify: <a href="https://str.sg/JWag">https://str.sg/JWag</a>
Website: <a href="http://str.sg/stpodcasts">http://str.sg/stpodcasts</a>
Feedback to: <a href="mailto:podcast@sph.com.sg">podcast@sph.com.sg</a>
Follow David Fogarty on X: <a href="https://str.sg/JLM6">https://str.sg/JLM6</a>
Read his articles: <a href="https://str.sg/JLMu">https://str.sg/JLMu</a>
---
Discover more ST podcast channels:
All-in-one ST Podcasts channel: <a href="https://str.sg/wvz7">https://str.sg/wvz7</a>
The Usual Place: <a href="https://str.sg/wEr7u" data-stringify-link="https://str.sg/wEr7u" data-sk="tooltip_parent">https://str.sg/wEr7u</a>
In Your Opinion: <a href="https://str.sg/w7Qt">https://str.sg/w7Qt</a>
COE Watch: <a href="https://str.sg/iTtE">https://str.sg/iTtE</a>
Asian Insider: <a href="https://str.sg/JWa7">https://str.sg/JWa7</a>
Health Check: <a href="https://str.sg/JWaN">https://str.sg/JWaN</a>
Green Pulse: <a href="https://str.sg/JWaf">https://str.sg/JWaf</a>
Your Money &amp; Career: <a href="https://str.sg/wB2m">https://str.sg/wB2m</a>
Hard Tackle: <a href="https://str.sg/JWRE">https://str.sg/JWRE</a>
#PopVultures: <a href="https://str.sg/JWad">https://str.sg/JWad</a>
Music Lab: <a href="https://str.sg/w9TX">https://str.sg/w9TX</a>
---
ST Podcast website: <a href="http://str.sg/stpodcasts">http://str.sg/stpodcasts</a>
ST Podcasts YouTube: <a href="https://str.sg/4Vwsa">https://str.sg/4Vwsa</a>
---
Special edition series:
True Crimes Of Asia (6 eps): <a href="https://str.sg/i44T">https://str.sg/i44T</a>
The Unsolved Mysteries of South-east Asia (5 eps): <a href="https://str.sg/wuZ2">https://str.sg/wuZ2</a>
Invisible Asia (9 eps): <a href="https://str.sg/wuZn">https://str.sg/wuZn</a>
Stop Scams (10 eps): <a href="https://str.sg/wuZB">https://str.sg/wuZB</a>
Singapore's War On Covid (5 eps): <a href="https://str.sg/wuJa">https://str.sg/wuJa</a>
---
Get The Straits Times' app, which has a dedicated podcast player section:
The App Store: <a href="https://str.sg/icyB">https://str.sg/icyB</a>
Google Play: <a href="https://str.sg/icyX">https://str.sg/icyX</a>
---
#greenpulse

Synopsis: Every first and third Tuesday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

Podcasters: Audrey Tan & David Fogarty

Produced and edited by: Hadyu Rahim

Executive producers: Ernest Luis & Lynda Hong

A podcast by The Straits Times, SPH Media.

Synopsis: Every first and third Tuesday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.
Podcasters: Audrey Tan &amp; David Fogarty
Produced and edited by: Hadyu Rahim
Executive producers: Ernest Luis &amp; Lynda Hong
A podcast by The Straits Times, SPH Media.

Advertisement