Carbon Credits Market

The ambitious plan to target “Net Zero” goal by 2050 is attracting significant climate investment to flow into the voluntary carbon market (VCM) which sees a surge demand on carbon credit. It is anticipated that by 2030, such demand will be growing at least 15 times.  

 

With carbon prices continuing to rise, many carbon offset projects have been launched to release more carbon credits into the market. However, the inconsistent quality of carbon credits gives rise to risks associated with legality and reputation in carbon trading, especially in regard to determining the actual efficacy of these credits in reducing greenhouse gas emissions. Companies may consider carry out due diligence on carbon offset projects by examining the project type, carbon credit costs, project stage, and jurisdiction.  They can also add relevant clauses into carbon trading contracts as an extra layer of safeguard and acquire carbon credit insurance to distribute some of the risks.  

 

Market supervision will be further enhanced. Despite the absence of global VCM regulations, rules and mechanisms formulated at domestic level for carbon trading and carbon taxation will work together with regional cooperation to fortify protection in the dynamic carbon market.

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If you are considering reducing emissions but do not how to start, we are here with you to work towards your corporate sustainability. We help corporations on:

Market entry strategies 
Advising on carbon trade agreements
Building and maintaining relationship with business partners
 

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