CarbonWire

22/01/2024

Singapore is charting a pioneering course towards a net zero world, transforming its established trade and finance experience, and blending it with technology expertise into environmental leadership within the carbon credit market. Since 2019, the nation has been laying a solid foundation with measures like a carbon tax and the establishment of the Singapore Green Finance Centre, alongside a research centre for nature-based climate solutions.

Victor Tay, CEO, Global Catalyst Advisory, on how Singapore is charting a pioneering course towards a net zero world, transforming its established trade and finance experience, and blending it with technology expertise into environmental leadership within the carbon credit market. Since 2019, the na...

20/01/2024

In an exclusive conversation with CarbonWire, Simon Manley, Head of Carbon at UNDO, highlighted how the company has been working with farming communities to become part of the solution with enhanced rock weathering (ERW). Over the last 20 months, UNDO has worked with over 180 farms, translating to 9,330 hectares of land. What makes this happen is the technology and ex*****on.

LONDON, January 19, 2024 - Climate scientists assert that achieving Net Zero goals requires a dual approach: cutting carbon emissions and removing CO2 emissions from our atmosphere. One method for carbon removal leverages the geological carbon cycle, which naturally stores carbon dioxide in rocks, h...

16/01/2024

As we navigate the complex interplay between voluntary and compliance markets, Singapore-based Yuvaraj DINESH Babu Nithyanandam, Executive Director, Climate Data Action Trust (CAD Trust) sheds light on the evolving role of global regulations, like the EU’s Carbon Border Adjustment Mechanism, and their impact on both developed and developing nations. This conversation offers a rare glimpse into the intricacies of environmental policy, the challenges of harmonizing international efforts, and the critical steps needed to ensure a sustainable future.

Interview with Yuvaraj DINESH Babu Nithyanandam, currently the Executive Director of the Singapore-based Climate Data Action Trust (CAD Trust).

04/01/2024

First Solar, Inc. (Nasdaq: FSLR) announced that it has entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia.

First Solar, Inc. (Nasdaq: FSLR) today announced that it has entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia.

04/01/2024

JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, has announced that the near and long-term science-based emissions reduction targets* of its principle subsidiary Jinko Solar Co., Ltd., have recently been approved by the SBTi, making JinkoSolar the first PV company in the world to have its Net-zero targets validated.

JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, has announced that the near and long-term science-based emissions reduction targets* of its principle subsidiary Jinko Solar Co., Ltd., have recen...

04/01/2024

A New Year Wish

2023 was full of disputes, drama, and disappointments in the carbon ecosystem. While preparing to launch Carbon Wire, I tried to list down pointers for each category of stakeholders that can guide our efforts for meaningful conversations.

1. Markets have an outsized role to play in channelizing funds for carbon reduction projects. All we need to do is fix accountability, assign responsibility and promote transparency for their magic to work.

2. Corporations should calculate, report, reduce and offset their emissions (Scope 1, 2, and 3) even if their respective governments don’t demand it of them. They should not only continue but also increase investments in nature-based solutions like reforestation, soil carbon sequestration, and ocean-based carbon capture.

3. Regulators should harmonize standards across different voluntary carbon markets to ease comparison and trading without which markets won’t flourish. Of course, implementing blockchain and other advanced technologies to ensure the complete traceability and transparency of carbon credits are the low hanging fruits in our path to Net Zero.

4. Governments across the Global North and South need to expand the role and scope of carbon reduction initiatives and projects in their respective countries. Clear guidelines and policies will ensure robust domestic compliance markets which in turn will provide price signals to the global voluntary markets.

5. Intermediaries should prioritize purpose over profits, transparency over transactions, and collaboration over competition to deliver impactful carbon reduction. They need to increase efforts in educating businesses and the general public about the role and functioning of various carbon reduction projects, thereby fostering a more informed and engaged stakeholder base.

I am all fired up to know more about the people, organizations and forums channelizing their energy, assets, and time for finding solutions to the climate crisis.

That’s my New Year resolution list.

What’s yours?

By Hemant Bohra, Co-Founder & Managing Editor, CarbonWire