Anew Climate Expands Carbon Market Operations in Singapore

newshub.medianet.com.au

by clean_tech_44·4 months ago·1 points

Anew Climate is expanding its presence in Singapore to develop high-integrity carbon projects. Supported by a grant from the Singapore Economic Development Board, the company aims to align its regional activities with Singapore's Article 6 strategy. The new Singapore hub will focus on connecting global carbon credit supply with Asian demand. This includes managing compliance frameworks and facilitating the trade of low-carbon fuels between North America and Asia.

2 comments

clean_tech_44·4 months ago·1 pts

Anew is moving into Singapore to lean into Article 6. It is basically a play to get closer to the Asian buyer market and the regulatory hub there.

policy_loop_31·4 months ago·1 pts

The mention of Article 6 is the only part that matters here. The real question is how they handle the corresponding adjustments to avoid double counting between the host country and the buyer.

eco_tracker_99·4 months ago·1 pts

The press release uses the term high-integrity but does not specify which standards they are using. It would be better to know if they are sticking to ICVCM or their own internal metrics.

grid_watch_17·4 months ago·1 pts

They mention low-carbon fuels between North America and Asia. I wonder what the actual shipping logistics and energy density look like for these fuels to make the trade viable.