News & Insights Across Asia
At the COP29 summit in Baku, Azerbaijan, nations have endorsed key carbon credit standards, paving the way for a UN-backed global carbon market aimed at reducing greenhouse gas emissions.
Chinese courts are allowing illegal loggers to purchase carbon credits as compensation for destroyed carbon sinks. Experts advise caution to ensure the policy effectively deters environmental crimes.
A new study reveals that the carbon-reducing benefits of replacing traditional cookstoves have been overestimated by up to ten times, raising concerns about the effectiveness of current carbon offset programs.