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Taskforce on Scaling Voluntary Carbon Markets launches market governance consultation

Taskforce on Scaling Voluntary Carbon Markets launches market governance consultation Share Major new consultation to seek feedback on proposals for new market governance body, legal principles, and measures to ensure carbon credit integrity The Taskforce on Scaling Voluntary Carbon Markets has today launched a major new consultation on proposals for a new international market governance body, the legal principles for the fast-expanding market, and how to define high-quality carbon credits. The Taskforce was launched last autumn by former Bank of England Governor Mark Carney in his role as UN Special Envoy on Climate Action and Finance, and is backed by over 250 global companies and NGOs.

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Euromoney DBS and StanChart lead Singapore-based carbon exchange

DBS and Standard Chartered: Standing tall together in Singapore. Photo: AFP via Getty Images DBS and Standard Chartered: Standing tall together in Singapore. Photo: AFP via Getty Images DBS and Standard Chartered have joined with Temasek, Singapore’s sovereign wealth vehicle, and SGX, the stock exchange, to launch a global carbon exchange and marketplace. Climate Impact X is the first venture of its kind to be based on the principles of the Taskforce on Scaling Voluntary Carbon Markets, the body chaired by Standard Chartered chief executive Bill Winters and launched by former governor of the Bank of England Mark Carney.

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A Vibrant Carbon Market for a Low Carbon Future - Opening Remarks by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at the Climate Impact X Announcement Event on 20 May 2021

Minister for National Development Mr Desmond Lee, ladies and gentleman, good afternoon. Let me start with the big picture. To limit global.

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DBS, SGX, Standard Chartered and Temasek to take climate action through global carbon exchange and marketplace

DBS, SGX, Standard Chartered and Temasek to take climate action through global carbon exchange and marketplace News provided by Share this article Share this article DBS, SGX, Standard Chartered and Temasek to develop a carbon exchange and marketplace, Climate Impact X; providing organisations with high-quality carbon credits to address hard-to-abate emissions Climate Impact X will use satellite monitoring, machine learning and blockchain technology to enhance transparency, integrity and quality of carbon credits Forged as a result of Singapore s Emerging Stronger Taskforce, Sustainability Alliance for Action (AfA), Climate Impact X will leverage Singapore s position as a leading international financial, legal and commodities hub

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DBS, SGX, Standard Chartered and Temasek to take climate action through global carbon exchange and marketplace

DBS, SGX, Standard Chartered and Temasek to take climate action through global carbon exchange and marketplace
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