By GenZero, Boeing and Abatable The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is fast becoming one of the world’s most important compliance carbon markets. As airlines prepare to meet their 2024–2026 First Phase obligations, the scheme faces a supply challenge: demand for CORSIA-Eligible Emission Units (CEEUs) is expected to grow significantly, while…
By GenZero, Eng and Co. LLC and PwC Singapore, in partnership with the Singapore Sustainable Finance Association (SSFA) Clearer legal and accounting treatment of verified carbon credits (VCCs) can help reduce fragmentation, support financing, improve confidence, and strengthen the foundations for market growth. Future growth of the voluntary carbon market (VCM) will depend not…
At GenZero, we welcome the progress reflected in the 2nd version of the Science Based Targets initiative Corporate Net-Zero Standard (CNZS v2) issued late last year. The SBTi’s Corporate Net-Zero Standard is a globally-recognised framework for corporate net-zero target setting in line with climate science. To limit global temperature increases to 1.5°C or minimise any overshoot,…
The imperative to act on climate has never been clearer, nor the obstacles more complex. The pathways to decarbonisation are now well within reach, but we risk stalling at the very moment when momentum is most critical. This is why this year’s GenZero Climate Summit 2025 was themed ‘Overcoming Paralysis’ and focused on breaking through…
By Anshari Rahman, Dale Hardcastle, Yukiko Tsukamoto, Spencer Low, Wan Thonh Chow, Justin Ma, Franziska Zimmermann, Gwyneth Fries, and Sanchita Shandilya Over the past decade, ambition has soared, awareness has grown, and actions have begun, yet the results remain uneven. And with just five years left until 2030, SEA is not on track to meet…
By Edmund Siau, Anshari Rahman, Ali Izadi-Najafabadi, Leonard Quong, Caroline Chua, Sahaj Sood Asia Pacific is central to global energy sector decarbonisation and the world’s transition to net zero. The region saw energy-related emissions grow 151% between 2000 and 2023, driven by strong economic development, population growth and industrialisation. However, emissions will need to peak…
By Frederick Teo, Puar Si Liang, Tim Gould and Luca Lo Re Innovative technologies like low-emissions hydrogen, sustainable aviation fuels (SAF), and direct air capture and storage (DACS) hold immense potential to decarbonise hard-to-abate sectors. However, to realise the IEA Net Zero Emissions by 2050 (NZE) and limit global warming to 1.5° C, these technologies…
By Kimberly Tan, Dale Hardcastle, Yukiko Tsukamoto, Berakah Hyunbin Lee, Tracy Wong Harris, Justin Ma, Kyung-Ah Park Southeast Asia is confronted with a reality gap between its Net Zero ambitions and true progress in its energy and green transition. The region grapples with structural constraints, including the dual challenge of balancing economic growth and energy…
By Edmund Siau, Anshari Rahman Carbon pricing is an essential tool to accelerate climate action. Net-zero pledges now cover 88% of global greenhouse gas (GHG) emissions. However, the world remains off-track from pathways that limit global warming to 1.5 °C. This gap needs to be bridged by effective policies and measures. In this context, carbon…
By Sim Ting, Adrian Ang and Tay Yong Seng The world is not on track to maintain global warming at 1.5 oC above pre-industrial levels. Climate finance needs to scale by a magnitude of at least five-fold annually, as quickly as possible, to avoid the worst impacts of climate change. As the world strives to…
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