Benefits for corporations that buy offsets

COP26 impact on corporate carbon credits

Greater govt intervention in carbon markets?

Singapore as carbon services hub?

Changes in private sector expected

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.

A set of rules on carbon markets was agreed on at the COP26 climate summit in Glasgow in November, allowing countries to cooperate with one another to achieve their climate targets. Instead of focusing solely on reducing emissions within their own borders, countries now have the option of buying carbon credits generated elsewhere to offset their emissions. But what would this all mean for the private sector, and for countries like Singapore, which is too small to host any significant emissions reductions projects nor be a large buyer of carbon credits?

In this episode, environment correspondent Audrey Tan and climate change editor David Fogarty speak with Ms Elizabeth Beall, climate and sustainability practice lead at advisory firm Global Counsel, on the role of the private sector in international carbon markets and how Singapore is poised to be a leader in carbon services. 

Highlights (click/tap above):

04:13 What do corporations that buy offsets stand to gain beyond claiming credit for sustainability efforts?

06:08 How will the COP26 outcome on carbon markets change the corporate appetite for carbon credits?

09:23 Will the private sector see greater governmental intervention in voluntary carbon markets?

12:23 Singapore aspires to be a carbon services hub. What does this mean?

13:42 What are the changes in the private sector that the recent outcome is expected to spur?

Listen to Ep 66: Article 6 - Rise of the carbon markets? - https://omny.fm/shows/green-pulse-1/article-6-rise-of-the-carbon-markets-green-pulse-e

Carbon credits explained: https://www.straitstimes.com/world/carbon-copy-tricky-carbon-market-rules-struggle-to-get-off-the-ground

Produced by: Audrey Tan (audreyt@sph.com.sg), David Fogarty (dfogarty@sph.com.sg), Ernest Luis 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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Discover more ST podcast series:

Asian Insider Podcast: https://str.sg/JWa7

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

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

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

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

Lunch With Sumiko Podcast: https://str.sg/J6hQ

Discover BT Podcasts: https://bt.sg/pcPL

Follow our shows then, if you like short, practical podcasts!

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.
A set of rules on carbon markets was agreed on at the COP26 climate summit in Glasgow in November, allowing countries to cooperate with one another to achieve their climate targets. Instead of focusing solely on reducing emissions within their own borders, countries now have the option of buying carbon credits generated elsewhere to offset their emissions. But what would this all mean for the private sector, and for countries like Singapore, which is too small to host any significant emissions reductions projects nor be a large buyer of carbon credits?
In this episode, environment correspondent Audrey Tan and climate change editor David Fogarty speak with Ms Elizabeth Beall, climate and sustainability practice lead at advisory firm Global Counsel, on the role of the private sector in international carbon markets and how Singapore is poised to be a leader in carbon services.&nbsp;
Highlights (click/tap above):
04:13 What do corporations that buy offsets stand to gain beyond claiming credit for sustainability efforts?
06:08 How will the COP26 outcome on carbon markets change the corporate appetite for carbon credits?
09:23 Will the private sector see greater governmental intervention in voluntary carbon markets?
12:23 Singapore aspires to be a carbon services hub. What does this mean?
13:42 What are the changes in the private sector that the recent outcome is expected to spur?
Listen to Ep 66: Article 6 - Rise of the carbon markets? - <a href="https://omny.fm/shows/green-pulse-1/article-6-rise-of-the-carbon-markets-green-pulse-e">https://omny.fm/shows/green-pulse-1/article-6-rise-of-the-carbon-markets-green-pulse-e</a>
Carbon credits explained: <a href="https://www.straitstimes.com/world/carbon-copy-tricky-carbon-market-rules-struggle-to-get-off-the-ground">https://www.straitstimes.com/world/carbon-copy-tricky-carbon-market-rules-struggle-to-get-off-the-ground</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 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:
Asian Insider Podcast: <a dir="ltr" href="https://www.google.com/url?q=https://str.sg/JWa7&amp;sa=D&amp;source=hangouts&amp;ust=1644057726279000&amp;usg=AOvVaw0C00BlRA_nanO2vfQOugW4" data-display="https://str.sg/JWa7" data-sanitized="https://www.google.com/url?q=https://str.sg/JWa7&amp;sa=D&amp;source=hangouts&amp;ust=1644057726279000&amp;usg=AOvVaw0C00BlRA_nanO2vfQOugW4">https://str.sg/JWa7</a>
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>
#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!

The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.

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.