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Price carbon at US$100 now and many transition financing mechanisms won’t be needed: Singapore central bank chief

Ravi Menon says that an appropriate carbon price will render blended finance and carbon credits to lower the cost of capital for energy transition projects in emerging markets unnecessary. He was speaking at the COP28 summit.

price-carbon-at-us$100-now-and-many-transition-financing-mechanisms-won’t-be-needed:-singapore-central-bank-chief

Ravi Menon says that an appropriate carbon price will render blended finance and carbon credits to lower the cost of capital for energy transition projects in emerging markets unnecessary. He was speaking at the COP28 summit.