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Singapore’s ambition in novel bilateral carbon markets faces competitor, near-term supply hurdles

The city-state wants to enter the UN-backed “Article 6.2” carbon trade from 2024, but the tight timeline presents challenges. Experts say buyer nations need to uphold quality, in what may eventually be an oversupplied market.

singapore’s-ambition-in-novel-bilateral-carbon-markets-faces-competitor,-near-term-supply-hurdles

The city-state wants to enter the UN-backed “Article 6.2” carbon trade from 2024, but the tight timeline presents challenges. Experts say buyer nations need to uphold quality, in what may eventually be an oversupplied market.