Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.
Carbon credits are gaining traction as companies and countries pledge to have their emissions reach “net-zero”, some by 2050 and others later. One source of such credits are forest conservation projects. By protecting forests from being cut down, trees are left to do what they do best: Soak up planet-warming carbon dioxide.
How does this growing appetite for carbon credits help to protect the planet’s natural carbon sponges? And how can Singapore, with its proximity to South-east Asia’s rich natural habitats, contribute to their conservation?