In this session, Bill Pazos from AirCarbon will be discussing the role of offsets and carbon credit markets as a means to achieving global decarbonisation goals. Coming out of the COVID-19 crisis, which will have an impact on 2020's emissions, there will be a continued need to reduce greenhouse gas emissions for the foreseeable future. Bill will providing expert analysis on the different types of credits that are out there and how businesses should be considering carbon credits as part of the journey to net-zero emissions.
Framing of climate change and decarbonisation efforts
Different types of offsets/credits – voluntary vs. compliance market
What types of offsets/credits exist?
What makes a "good" credit (verification, governance, traceability, fungibility)
Who has been using offsets so far (CDM, JI, EU ETS, voluntary [VCS, Gold Standard, ACR and others])
What sectors are likely to make use of offsets in future (CORSIA, oil and gas industry – Shell, TOTAL, BP)
Potential use of offsets in Singapore carbon tax framework
What about ITMOs and Article 6.2 in Paris Agreement