This podcast episode explores the importance of carbon credits in helping Singapore achieve its climate targets and the establishment of eligibility criteria for carbon offset projects. It highlights the role of carbon credits in achieving sustainability goals, the need for international collaboration on renewable energy, and the concerns regarding the quality of carbon offsets. The episode also discusses the carbon tax as a tool to incentivize emission reductions and the efforts of Singapore to build a carbon credit market. It emphasizes the importance of high-quality carbon credit projects and the use of reputable programs and frameworks to ensure the integrity of offsets. The episode concludes by highlighting the potential of carbon credits as a source of finance for countries' development of greener energy and the role of Singapore in stimulating domestic demand and global carbon services and finance.
