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Carbon Services and Trading
Overview
Climate change affects everyone, including businesses. The carbon services and trading industry helps companies measure, reduce, and offset their carbon emissions to protect our planet.
About industry
This industry helps businesses and governments tackle climate change by developing carbon reduction projects, advising on decarbonisation strategies, and managing carbon credits. You could work as project developers, traders, advisors, or specialists in emissions monitoring and verification. Global net-zero commitments drive demand for professionals who can measure carbon footprints, implement reduction strategies, and facilitate carbon trading.
Industry facts
01
Singapore hosts over 150 carbon services companies, representing the highest concentration of carbon service providers in Southeast Asia.
02
The Southeast Asia region contains 25% of the world's nature-based solutions supply and 30% of global nature-based solutions potential, making it a key carbon credit exporter.
03
Singapore was the first country in Asia to introduce a carbon tax in 2019, and the first in Southeast Asia to allow carbon tax-liable companies to use international carbon credits to offset up to 5% of their taxable emissions from 2024.