What does recent agreement around #Article6 of the Paris Agreement mean for carbon markets and public policy around them moving forward? Pollination CEO Martijn Wilder AM and Executive Director Lauren Drake shared their expertise on this topic at an Asian Development Bank (ADB) workshop on policy architecture for high integrity carbon markets. This Singapore event explored how leaders can shape national strategies and policy, legal and regulatory frameworks under the agreement, as voluntary carbon schemes continue to develop and national level compliance schemes rapidly emerge. Across Asia, eight national carbon pricing initiatives have been implemented or are set to be. Japan and Singapore both employ carbon taxes, while Australia, the People’s Republic of China, Indonesia, Kazakhstan, the Republic of Korea, and New Zealand have all implemented national emissions trading systems. Read a recent ADB blog about carbon pricing trends across Asia at https://lnkd.in/g6Wh5Btk Christina U. Pak Daniele Quaggiotto Jackie B. Surtani Sonja Gibbs, CFA Magsad Huseynov Sonam Tashi Apisai Rinamalo Aziz Khamidov Kamia Handayani Ranjila Singh Fredrick Tamarua daovinh sou Belinda Ellington Ignacio Tirado
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It was very interesting to attend this weekend the policy dialogue organized by ADB, AIIB and the University of Hong Kong revising China’s national ETS.Main takeaways for Latin America and the Caribbean: 1. Carbon markets are key for achieving low-carbon development and promoting green innovation. When effectively linked to natural markets they can support adaptation strategies and ecosystem services 2. Emission Trading Systems (ETS) must align with national conditions and avoid exacerbating regional inequalities within a country during rollout 3. ETS design matters and requires a coordinated policy mix, blending market mechanisms and governance measures for effective operation 4. Close coordination between ETS operations and stock exchanges can enhance the inclusion of additional carbon financial products 5. Implementing an ETS is a gradual process necessitating ongoing refinement; leveraging international experience can aid and inform these endeavors #carbonmarkets #climateaction #LAC #newcooperationopportunities
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📊 ADB and IFC release joint Reference Note on sustainably linked trade finance 🌐 The Asian Development Bank (ADB) and the IFC - International Finance Corporation have jointly published a Reference Note to better define sustainable trade finance and set eligibility criteria for related deals. 🍃 ADB and IFC’s focus on trade as a key component of climate action highlights the role of trade finance in supporting sustainable development. ♻ Sustainability is a vital aspect of the global trade industry. The global supply chain’s Scope 3 emissions account for nearly 80% of greenhouse gas emissions. 📖 Read the article, link in the comments section below ⬇️ #supplychain #tradefinance #climate
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Transparent environmental disclosures by financial institutions are critical for meeting China’s carbon targets, enabling compliance, investor trust, and competitiveness. This ADB Brief spotlights the Bank of Huzhou’s green financing approach and outlines its push for stronger social and governance measures to unlock capital and drive sustainable development in underserved sectors. https://ow.ly/OkkO50UctGk with Anqian Huang, Fang Zhang
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Climate related Transition Plans are now becoming more and more relevant for corporates today. Climate Bonds Initiative is very proud to have launched with Capital Markets Malaysia (CMM) an interactive toolkit that provides guidance on key elements that is critical to ensure credibility and materiality of these plans. Chi Xiang Wong, CFA, CBCP (Ret.) Sabine Laurent Navina Balasingam Meggie Eloy
Capital Markets Malaysia, an affiliate of the Securities Commission Malaysia, and the Climate Bonds Initiative are delighted to announce the release of our interactive Transition Strategy Toolkit designed to offer corporations in ASEAN seeking transition financing with insights on building credible science-based climate transition plans that are aligned to Paris Agreement targets or respective national climate goals. The Toolkit is sponsored by CMM as a public utility, and takes a consultative approach in offering guidance to corporations operating across ASEAN as it is designed to consider the specific nuances of decarbonisation goals of each ASEAN country, while providing a benchmark against the Climate Bonds Initiative’s ambitious transition methodology. Through a Q&A method it details key considerations when developing climate transition plans, by guiding users through the Climate Bonds Five Principles for an ambitious transition, enabling investors to easily identify investments that support a low-carbon transition. Who will find this useful? - Corporations embarking on their transition strategies - financial institutions offering transition financing - institutional investors looking to invest in credible transition projects The web-based Toolkit utilises an interactive question and answer (Q&A) interface that begins with a risk assessment supported by key definitions and the CBI methodology to offer essential and systematic guidance on areas to consider when developing comprehensive transition plans. #climatefinance #transitionfinance #transitionstrategy #credibletransition #sustainabilitybonds #sustainablefinance #srisukuk AZALINA ADHAM Farina Farid Zalina Shamsudin Sean Kidney Chi Xiang Wong, CFA, CBCP (Ret.) Free access the Toolkit: https://lnkd.in/gE8_uZjE
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Capital Markets Malaysia, an affiliate of the Securities Commission Malaysia, and the Climate Bonds Initiative have launched an interactive Transition Strategy Toolkit for corporations in ASEAN. The toolkit guides users on developing science-based climate transition plans aligned with Paris Agreement targets or national climate goals. Sponsored by CMM, it offers insights tailored to the decarbonisation goals of ASEAN countries and the Climate Bonds Initiative’s transition methodology. This resource is valuable for corporations, financial institutions, and institutional investors involved in transition strategies. Access the Toolkit here: [Link]
Capital Markets Malaysia, an affiliate of the Securities Commission Malaysia, and the Climate Bonds Initiative are delighted to announce the release of our interactive Transition Strategy Toolkit designed to offer corporations in ASEAN seeking transition financing with insights on building credible science-based climate transition plans that are aligned to Paris Agreement targets or respective national climate goals. The Toolkit is sponsored by CMM as a public utility, and takes a consultative approach in offering guidance to corporations operating across ASEAN as it is designed to consider the specific nuances of decarbonisation goals of each ASEAN country, while providing a benchmark against the Climate Bonds Initiative’s ambitious transition methodology. Through a Q&A method it details key considerations when developing climate transition plans, by guiding users through the Climate Bonds Five Principles for an ambitious transition, enabling investors to easily identify investments that support a low-carbon transition. Who will find this useful? - Corporations embarking on their transition strategies - financial institutions offering transition financing - institutional investors looking to invest in credible transition projects The web-based Toolkit utilises an interactive question and answer (Q&A) interface that begins with a risk assessment supported by key definitions and the CBI methodology to offer essential and systematic guidance on areas to consider when developing comprehensive transition plans. #climatefinance #transitionfinance #transitionstrategy #credibletransition #sustainabilitybonds #sustainablefinance #srisukuk AZALINA ADHAM Farina Farid Zalina Shamsudin Sean Kidney Chi Xiang Wong, CFA, CBCP (Ret.) Free access the Toolkit: https://lnkd.in/gE8_uZjE
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Catch Nuomin Han, Wood Mackenzie's Head of Carbon Markets at Responsible Investor Asia on Tuesday the 29th of October in Singapore, where she will be participating in the panel discussion entitled: ‘A new dawn for carbon markets in Asia’ Throughout the discussion, the panel will cover the following insights: - The success of carbon trading in Asia to date · Key investors driving international carbon markets · Perspectives from carbon credit suppliers and offset buyers · Whether carbon credits are a viable solution for genuine climate action Don’t miss the opportunity to delve into the future of carbon markets - find out more about the event or book a meeting with our team here: https://okt.to/clAsUi #ResponsibleInvestorAsia #CarbonMarkets #CarbonOffsets
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The Hong Kong government has successfully raised $3.2 billion through green bonds in US dollars, euros, and offshore yuan. This strategic move aims to position Hong Kong as a leading sustainable finance hub and boost the internationalisation of the Chinese currency. The bond offerings attracted diverse global investors and will fund projects with significant environmental benefits. Read more https://lnkd.in/gG-8f_tf #SustainableFinance #GreenBonds #HongKong #ESG #ClimateAction #Sustainability #Finance #Investing #ESGInvestment
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Carbon Market & Carbon Credit Trading‧ Seminar on Capturing the Development Opportunities To help the local industry realizing the goals of #carbonneutrality and peak #carbongoals at an early stage ☘️ and raise their awareness of #carbonemissions💚 organized by the #HongKongCouncilforTestingandCertification (HKTIC) and implemented by HKPC - Hong Kong Productivity Council, “Seminar on Capturing the Development Opportunities of Carbon Market and Carbon Credit Trading” will be held on 9 December. The seminar covers a wide range of topics, including the latest development and requirements of #carbonmarket👉🏻 how the #carboncredits contributes to #carbonneutrality, and how to help enterprises realize their carbon reduction targets 💯. Register now to know more! https://hubs.li/Q02ZQGp50 #HKPC #HongKongProductivityCouncil #carbonmarket #carboncredits #industryinnovation #carboncredittrading #carbonneutral #carbonemissions #testing #certification
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🌸 As we embrace #April with blossoming flowers and cheerful birdsong, let's take a moment to look back on the notable events in the field of green finance that unfolded throughout #March. March witnessed noteworthy advancements in #sustainable finance instruments in #China, including the debut of Chengdu's inaugural nationwide CCER-linked loan, the issuance of green finance bonds in Jiangsu, along with the successful trading of Jiangsu Province's inaugural carbon voucher. Additionally, a comprehensive standardization pilot project for social management and public service was initiated, with a particular emphasis on conducting ESG evaluations within the financial sector. Additionally, significant conferences and seminars took place, fostering economic cooperation and advocating for sustainable finance. These included the inaugural meeting of the China-EU Financial Working Group in Beijing and an expert symposium organized by the People's Bank of China, focused on bolstering the nation's financial resilience and advancing high-quality financial development. 🌐 Internationally, there is a growing focus on sustainable finance development, exemplified by initiatives like South Korea's commitment to invest 42 trillion won in climate finance and the European Bank for Reconstruction and Development (EBRD) providing loans to support green finance in Bosnia and Herzegovina's residential sector through the Green Economy Financing Facility (GEFF), among other endeavors. 🍀 Stay updated on global sustainable finance initiatives by subscribing to our monthly #newsletter. Together, let's contribute to making the world a better place! ✨ 🔗 Link to the full version of the newsletter: https://lnkd.in/euXe9b75 #IIGF #Sustainability #GreenFinance #Sustainablefinance #Financialtools
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CEO Aboriginal Carbon Foundation
1wIt would be wonderful if we could trade high integrity ACCU internationally. This is a trade barrier which prevents access to markets that would otherwise be open to other industries (ie Wine, seafood etc) This would not interfere with the importantion of cheap carbon credits, but provide more balance in the market