The ASIA Carbon Summit 2024 saw a groundbreaking discussion on the future of the carbon credit market in Asia, led by influential voices in the industry. Our CEO, Natalia Rialucky, took part in an insightful panel on charting the course: the future of carbon credits in Asia Innovation Market Dynamics, and growth strategies sharing perspectives alongside Thomas McMahon, Leon Heng, and Peter Tan, with Duncan van Bergen moderating the session. The conversation focused on how Asia can leverage carbon credits as a pivotal tool in climate action, balancing economic development with environmental goals.

Key Learnings from the Panel Discussion:

• Emerging Hybrid Markets: The panel explored the shift towards hybrid markets that blend compliance and voluntary frameworks, enhancing the importance of Voluntary Carbon Markets (VCM). These hybrids could strengthen Asia’s commitment to climate goals by integrating flexible solutions within established structures.

• Incentives and Integrity: While international trade incentives can drive demand, maintaining market integrity remains essential. Ensuring a transparent, high-quality market is critical for fostering trust and expanding participation.

• Pricing for Quality: Effective pricing mechanisms for carbon credits are a priority. High-quality credits require robust pricing that reflects their value in achieving climate targets.

Credited to: ACS 2024 organiser

Through these discussions, the panel underscored the transformative potential of innovative market solutions, which will continue to shape Asia’s role as a leader in climate action.  

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