Is carbon trading the next step towards decarbonisation?

Sep 16, 2022

A global carbon trading market could boost Southeast Asia's efforts to combat climate change, the Asian Development Bank said on Monday. The region had the fastest growth in carbon dioxide emissions in the world from 1990 to 2010, and will continue to rely mainly on coal-fired plants for its power needs, making it one of the top contributors to global greenhouse gas emissions, the ADB said in a report.

Carbon trading is designed to incentivise polluters to reduce carbon emissions Image: REUTERS/Romeo Ranoco

Pedro Ahlers

Innovation Architect for Sustainability, SAP

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