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Asia-Pacific

Singapore-based Global Carbon Credit Exchange Planned

Climate Impact X to address need for high-quality carbon credits and promote active cross-border trading of such credits to drive global price transparency.

DBS Bank, Singapore Exchange, Standard Chartered and Temasek have announced plans to develop a new global exchange for carbon credits. “Global efforts to address climate change have been driving demand for solutions to help corporates effectively reduce their carbon emissions,” said a joint statement. “However, today’s low-carbon technologies including current…

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