Green Pulse Ep 62: Much ado over carbon markets, credits and COP26 negotiations

14:13 min

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

One of the key issues negotiators will discuss at the UN climate conference COP26 (from Oct 31 to Nov 12) is on Article 6 of the Paris Agreement. This relates to carbon markets, and whether countries can trade carbon credits to meet their climate pledges — known as nationally determined contributions (NDCs).

It will also establish rules on who emissions savings accrue to, if one nation pays to set up a green initiative - say a wind farm instead of a coal plant - in another country.

In this second of a two-part series on what COP26 means for the Asean region, ST environment correspondent Audrey Tan and climate change editor David Fogarty speak with Ms Melissa Low, a research fellow at the National University of Singapore’s Energy Studies Institute, about this contentious issue. 

They discuss the following points:
What is Article 6 of the Paris Agreement? (0:48)


Singapore has also announced plans to build a carbon credit exchange: what is the issue of the double counting of carbon credits (4:04)
Use of units generated before 2020 to meet nationally determined contribution targets, also known as the Clean Development Mechanism transition (7:30)
Singapore’s Minister for Sustainability and the Environment Grace Fu has been invited to co-facilitate discussions on this contentious topic: What this means and why choose Singapore? (10:18)
What if countries fail to sort out Article 6 negotiations at COP26? (11:40)

Listen to Part 1 - What COP26 means for Asean: https://omny.fm/shows/green-pulse-1/implications-for-asean-at-cop26-green-pulse-ep-61

6 key issues at COP26: https://str.sg/3pT7

Produced by: Audrey Tan (audreyt@sph.com.sg), David Fogarty (dfogarty@sph.com.sg), Ernest Luis, Fa'izah Sani and Hadyu Rahim

Edited by: Hadyu Rahim

Subscribe to Green Pulse Podcast series and rate us on your favourite audio apps:

Channel: https://str.sg/JWaf

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

Spotify: https://str.sg/JWag

Google Podcasts: https://str.sg/J6EV 

Website: http://str.sg/stpodcasts

Feedback to: podcast@sph.com.sg

Follow Audrey Tan on Twitter: https://str.sg/JLMB

Read her stories: https://str.sg/JLM2

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

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

Read ST's Climate Code Red site: https://str.sg/3pSz

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Health Check Podcast: https://str.sg/JWaN

ST Sports Talk Podcast: https://str.sg/JWRE

Life Weekend Picks Podcast: https://str.sg/JWa2

#PopVultures Podcast: https://str.sg/JWad

Bookmark This! Podcast: https://str.sg/JWas

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Green Pulse Ep 62: Much ado over carbon markets, credits and COP26 negotiations
14:13 min
Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.
One of the key issues negotiators will discuss at the UN climate conference COP26 (from Oct 31 to Nov 12) is on Article 6 of the Paris Agreement. This relates to carbon markets, and whether countries can trade carbon credits to meet their climate pledges &mdash; known as nationally determined contributions (NDCs).
It will also establish rules on who emissions savings accrue to, if one nation pays to set up a green initiative - say a wind farm instead of a coal plant - in another country.
In this second of a two-part series on what COP26 means for the Asean region, ST environment correspondent Audrey Tan and climate change editor David Fogarty speak with Ms Melissa Low, a research fellow at the National University of Singapore&rsquo;s Energy Studies Institute, about this contentious issue.&nbsp;
They discuss the following points:
<ol>
<li aria-level="1">What is Article 6 of the Paris Agreement? (0:48)</li>
<li aria-level="1">
Singapore has also announced plans to build a carbon credit exchange: what is the issue of the double counting of carbon credits (4:04)
</li>
<li aria-level="1">Use of units generated before 2020 to meet nationally determined contribution targets, also known as the Clean Development Mechanism transition (7:30)</li>
<li aria-level="1">Singapore&rsquo;s Minister for Sustainability and the Environment Grace Fu has been invited to co-facilitate discussions on this contentious topic: What this means and why choose Singapore? (10:18)</li>
<li aria-level="1">What if countries fail to sort out Article 6 negotiations at COP26? (11:40)</li>
</ol>
Listen to Part 1 - What COP26 means for Asean: <a href="https://omny.fm/shows/green-pulse-1/implications-for-asean-at-cop26-green-pulse-ep-61">https://omny.fm/shows/green-pulse-1/implications-for-asean-at-cop26-green-pulse-ep-61</a>
6 key issues at COP26: <a href="https://str.sg/3pT7">https://str.sg/3pT7</a>
Produced by: Audrey Tan (<a href="mailto:audreyt@sph.com.sg">audreyt@sph.com.sg</a>), David Fogarty (<a href="mailto:dfogarty@sph.com.sg">dfogarty@sph.com.sg</a>), Ernest Luis, Fa'izah Sani and Hadyu Rahim
Edited by: Hadyu Rahim
Subscribe to Green Pulse Podcast series and rate us on your favourite audio apps:
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>
Google Podcasts:<a href="https://str.sg/J6EV"> https://str.sg/J6EV</a>&nbsp;
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 Audrey Tan on Twitter:<a href="https://str.sg/JLMB"> https://str.sg/JLMB</a>
Read her stories:<a href="https://str.sg/JLM2"> https://str.sg/JLM2</a>
Follow David Fogarty on Twitter:<a href="https://str.sg/JLM6"> https://str.sg/JLM6</a>
Read his stories:<a href="https://str.sg/JLMu"> https://str.sg/JLMu</a>
Read ST's Climate Code Red site: <a dir="ltr" href="https://str.sg/3pSz">https://str.sg/3pSz</a>
---
Discover more ST podcast series:
Health Check Podcast: <a href="https://str.sg/JWaN">https://str.sg/JWaN</a>
ST Sports Talk Podcast: <a href="https://str.sg/JWRE">https://str.sg/JWRE</a>
Life Weekend Picks Podcast: <a href="https://str.sg/JWa2">https://str.sg/JWa2</a>
#PopVultures Podcast: <a href="https://str.sg/JWad">https://str.sg/JWad</a>
Bookmark This! Podcast: <a href="https://str.sg/JWas">https://str.sg/JWas</a>
Lunch With Sumiko Podcast: <a href="https://str.sg/J6hQ" data-saferedirecturl="https://www.google.com/url?q=https://str.sg/J6hQ&amp;source=gmail&amp;ust=1604121592032000&amp;usg=AFQjCNG83H6KB4Ijg1sND-Ork6G7d7pJQQ">https://str.sg/J6hQ</a>
Discover BT Podcasts: <a dir="ltr" href="https://bt.sg/pcPL" data-display="https://bt.sg/pcPL" data-sanitized="https://www.google.com/url?q=https://bt.sg/pcPL&amp;sa=D&amp;source=hangouts&amp;ust=1627384343782000&amp;usg=AFQjCNGW6zayBS6OHQmVg_TqB7_2V1PDfA">https://bt.sg/pcPL</a>
Follow our shows then, if you like short, practical podcasts!

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.

Podcaster: David Fogarty

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media Trust.

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.
Podcaster: David Fogarty
Produced by podcast editor Ernest Luis &amp; The Straits Times, SPH Media Trust.

Green Pulse

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.

Podcaster: David Fogarty

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media Trust

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.
Podcaster: David Fogarty
Produced by podcast editor Ernest Luis &amp; The Straits Times, SPH Media Trust

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