As firms grow doubtful of carbon credits, Singapore unveils raft of initiatives to tackle transparency concerns
Bogdan Hofbauer
Voluntary carbon credits have come under scrutiny for lacking integrity, transparency and quality, hence eroding market confidence and triggering reputational risks. SINGAPORE: Amid doubts from businesses about the quality and integrity of carbon credits globally, Singapore on Tuesday (Oct 28) unveiled a raft of initiatives aimed at helping companies tap the voluntary carbon market. The measures include S$15 million (US$11.6 million) set aside for a grant to encourage the financial sector to
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