The European Commission pledged to reduce the European Union (EU) greenhouse gas (GHG) emission by at least 55% by 2030 under the Paris Agreement. This ambition puts the EU on a pathway to achieving climate neutrality by 2050. The energy sector is responsible for more than 75% of the EU greenhouse gas (GHG) emissions and …
Guarantees of Origin (GoOs): what are they and how do they work? Read More »
Addressing climate change is perhaps the biggest generational task we face and there is a clear opportunity for finance to accelerate the response to it. There are many ways in which the private sector can contribute to this cause, and the use and promotion of renewable energy in its operations has been a major one …
What are Renewable Energy Certificates (RECs) and how do they work? Read More »
It is well known that the aviation sector largely contributes to the increase of CO2 emissions. However, the industry aims to ensure any rise in international aviation emissions above 2020 levels are compensated with the use of carbon credits elsewhere to fight climate change. What is CORSIA? Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)is …
ACX is one of the most important platforms in the Voluntary Carbon Market. This platform allows its clients to gain exposure to an asset class as opposed to individual projects. Its main goal is to bring traditional commodities trading infrastructure to the carbon markets. They do so thanks to their low fees, efficient trading, settlement …
What are ACX’s standardized instrument products? Read More »
Since the carbon market emerged, it has gone through many ups and downs. Only a few visionaries continued to believe in it and bet on what is now a market that reached the billion dollar mark. Given its great impact, technology could not be left behind. That’s why CBL, a company created in 2009, launched …
What are CBL’s standardized instrument products? Read More »
Under its Carbon Pricing Act (CPA), Singapore became the first Southeast Asian country to officially implement a carbon tax on the 1st of January 2019. Singapore’s carbon tax, which is a price set on greenhouse gas (GHG) emissions, is part of the country’s initial efforts in achieving net zero emissions. Its Low Emissions Development Strategy …
