The Carbon Market & Investor Forum, aimed at creating a regional network of climate leaders as the Australian carbon marketplace matures, will be held on 19-20 July 2023 in Singapore, Melbourne-based Carbon Market Institute (CMI) said.
The forum will bring together professionals, investors, and policy makers from across the Asia-Pacific (APAC) region with the aim of facilitating new discussions in the sector.
The event comes in a moment when the Australian Government has lodged an updated nationally determined contribution (NDC) with the United Nations Framework Convention on Climate Change (UNFCCC), and voluntary climate action is ramping up.
The one-and-a-half-day event, to be held at the Parkroyal Collection Pickering hotel, will feature plenaries, workshops and networking events, including a Forum dinner, networking breakfast, and investor forum luncheon.
Relevant: Singapore And Vietnam Sign Key MoU To Advance Energy And Carbon Credits
The program is organized in three main themes: nature-based solutions, international linkages, and unlocking investment and finance.
According to the organizer, nature-based solutions in both urban and rural environments hold opportunities to boost climate resilience as part of a holistic approach alongside with carbon solutions.
At the same time, international relationships are becoming increasingly important with the new Article 6 of the Paris Agreement, which allows countries to voluntarily cooperate with each other to achieve emission reduction targets set out in their NDCs.
As a result, a growing number of countries are signing international carbon trading agreements, which leads to new investment opportunities that will achieve emissions reduction and associated co-benefits on a global scale, CMI said.
Finally, investment and finance are key to the low-carbon transition. Both compliance and voluntary markets are ramping up demand for carbon abatement, which generates opportunities to build relationships between investors across the APAC region.