{"id":2273,"date":"2023-06-06T11:51:57","date_gmt":"2023-06-06T04:51:57","guid":{"rendered":"https:\/\/gunungcapital.com\/?p=2273"},"modified":"2023-06-06T11:53:01","modified_gmt":"2023-06-06T04:53:01","slug":"harnessing-carbon-market-opportunity-in-asia","status":"publish","type":"post","link":"https:\/\/gunungcapital.com\/zh\/harnessing-carbon-market-opportunity-in-asia\/","title":{"rendered":"Harnessing Carbon Market Opportunity in Asia"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"2273\" class=\"elementor elementor-2273\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a4eb0e6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a4eb0e6\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c9d7895\" data-id=\"c9d7895\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d5490a elementor-widget elementor-widget-text-editor\" data-id=\"2d5490a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 14-09-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-weight: 400;\">As the global community intensifies its efforts to combat climate change, the carbon market has emerged as a promising avenue for investors looking to align their financial goals with environmental sustainability. Asian governments and companies are striving to develop and scale up voluntary carbon markets (VCM).\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The existing VCM, however, has several issues that prevent it from progressing. These difficulties consist of low-quality credits, a lack of standardized methods, little transparency, and low prices.<\/span><span style=\"font-weight: 400;\"> Additionally, the expanded usage of carbon offsets is coming under increased scrutiny. The effectiveness of current international marketplaces is hampered by these problems. If these issues are not resolved, money may be wasted on shaky initiatives that won&#8217;t help the environment or local populations.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0730853 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0730853\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0cb5d17\" data-id=\"0cb5d17\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eccbd02 elementor-widget elementor-widget-text-editor\" data-id=\"eccbd02\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4><b>Understanding the Carbon Market in Asia<\/b><\/h4><p><span style=\"font-weight: 400;\">Countries around the world are implementing carbon market regulations to curb greenhouse gas emissions and promote sustainable development, including Asia. The emerging carbon market regulations in Asia are highlighting key initiatives and their impact on the region&#8217;s transition to a low-carbon economy. <\/span><span style=\"font-weight: 400;\">Every country in <\/span><span style=\"font-weight: 400;\">Asia has different Emission Trading Systems (ETS) and pricing mechanisms to reduce carbon emissions and reach Net-zero targets.<\/span><\/p><p><span style=\"font-weight: 400;\">South Korea is one of the first countries to apply an ETS in Asia. South Korea\u2019s Emissions Trading Scheme (K-ETS) launched in 2015, targeting major industrial sectors. K-ETS covers approximately 70% of the country&#8217;s greenhouse gas emissions and aims to reduce emissions by 37% below business-as-usual levels by 2030.<\/span><span style=\"font-weight: 400;\"> Through market-based mechanisms, K-ETS incentivizes emission reductions and promotes the adoption of low-carbon technologies, contributing to South Korea&#8217;s sustainable development goals. According to Korea Exchange data, the price of Korean Allowance Units in the K-ETS decreased by almost 20% in the first four months of 2023.<\/span><\/p><p><span style=\"font-weight: 400;\">China, the world&#8217;s largest emitter of greenhouse gases, launched its ETS in 2021. It covers more than 4 billion metric tons of CO2 emissions annually with the aims to encourage emission reductions, improve energy efficiency, and foster the development of clean technologies.<\/span><span style=\"font-weight: 400;\"> In its next stage, China anticipated to extend to other industries with a high carbon footprint, such as steel and construction.<\/span><\/p><p><span style=\"font-weight: 400;\">As South Korea and China play significant roles in Asia\u2019s carbon trading, other Asian countries are also developing regional schemes to curb carbon emission.<\/span><\/p><p><b>Asian Voluntary Carbon Markets Initiatives<\/b><\/p><p><span style=\"font-weight: 400;\">Asian and Southeast Asian (collectively represented by the ASEAN) countries have started to develop carbon market regulations. ASEAN member states are working towards establishing a regional carbon market, enabling countries to trade emissions allowances and offsets across borders. These initiatives demonstrate the region&#8217;s commitment to collective action, promoting sustainable development, and addressing shared environmental challenges.<\/span><\/p><p><span style=\"font-weight: 400;\">Singapore, Thailand, Hong Kong, and Malaysia have recently established carbon trading platforms and voluntary local initiatives to make the purchasing and selling of carbon credits easier, while Japan, Indonesia, India, and South Korea plan to follow suit.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43942f5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43942f5\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-023edc2\" data-id=\"023edc2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-34bce69 elementor-widget elementor-widget-image\" data-id=\"34bce69\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 14-09-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"539\" src=\"https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113544.png\" class=\"attachment-large size-large wp-image-2276\" alt=\"\" srcset=\"https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113544.png 886w, https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113544-300x202.png 300w, https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113544-768x517.png 768w, https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113544-18x12.png 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cb89995 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cb89995\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-be4b1e4\" data-id=\"be4b1e4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d6f3a28 elementor-widget elementor-widget-text-editor\" data-id=\"d6f3a28\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The carbon market regulations in Asia have far-reaching implications for the region&#8217;s economic and environmental landscape. These regulations foster innovation, drive investments in clean technologies, and create opportunities for businesses to participate in emission reduction efforts. By pricing carbon and establishing market-based mechanisms, Asian countries are taking proactive steps to address climate change while aligning with global sustainability goals.<\/span><\/p>\n<p><\/p>\n<p><span style=\"font-weight: 400;\">Challenges remain in effectively implementing and harmonizing carbon market regulations across different countries in the region. Efforts coordination are necessary to address issues such as monitoring, reporting, ensuring the integrity and transparency of emissions trading platforms, and verification standards.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b66cb8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b66cb8\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b40709\" data-id=\"5b40709\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4bc11ca elementor-widget elementor-widget-text-editor\" data-id=\"4bc11ca\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4><b>Economic Opportunities in the Carbon Market<\/b><\/h4><p>The financial incentive is luring new participants to the carbon market. Every stakeholder is required to solve the climate crisis, including debt financiers, project developers, auditors, registries, quality supervision boards, merchants, and consumers. By 2030, the offset market in Southeast Asia has the potential to generate a total economic opportunity of $10 billion per year, according to Bain &amp; Company.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-21c7b56 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"21c7b56\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-964456d\" data-id=\"964456d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cd9373c elementor-widget elementor-widget-image\" data-id=\"cd9373c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"596\" src=\"https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113611.png\" class=\"attachment-large size-large wp-image-2275\" alt=\"\" srcset=\"https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113611.png 870w, https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113611-300x223.png 300w, https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113611-768x572.png 768w, https:\/\/gunungcapital.com\/wp-content\/uploads\/2023\/06\/Screenshot-2023-06-06-113611-16x12.png 16w\" sizes=\"(max-width: 800px) 100vw, 800px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-70b5ee1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"70b5ee1\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-173c8da\" data-id=\"173c8da\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6742a6a elementor-widget elementor-widget-text-editor\" data-id=\"6742a6a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Investing in the carbon market in Asia offers a compelling opportunity for both financial and environmental gains. With the region&#8217;s growing commitment to mitigating climate change and transitioning towards a low-carbon economy, carbon markets provide avenues for sustainable investments and the promotion of green technologies.<\/span><\/p><p><span style=\"font-weight: 400;\">Although, investing in the carbon market in Asia also comes with challenges. These include the need for standardization, ensuring transparency and quality of carbon credits, and addressing market imperfections. Regulatory frameworks must be effectively designed and implemented to instill confidence and prevent issues such as double-counting or greenwashing. According to the report from the World Economic Forum (WEF) in collaboration with Bain &amp; Company, there are three main challenges for the market; projects quality and credibility, building corporate participation, and reform requirements to build transparency and trust.<\/span><\/p><p>\u00a0<\/p><ul><li aria-level=\"1\"><b>Projects quality and credibility<\/b><\/li><\/ul><p><span style=\"font-weight: 400;\">Ensuring the reliability of carbon credits as an accurate representation of mitigation efforts requires changes on the supply side. These changes should ensure that the actions undertaken have no negative impacts within or outside their boundaries, are additional (would not have happened without carbon credits), permanent, and credible. Guidance from organizations like the Integrity Council for the Voluntary Carbon Market (ICVCM) will be crucial in establishing the necessary credibility to significantly grow the market.<\/span><\/p><p>\u00a0<\/p><ul><li aria-level=\"1\"><b>Building the corporate participation<\/b><\/li><\/ul><p><span style=\"font-weight: 400;\">Corporations are facing challenges in scaling their funding of climate action through carbon markets due to factors like a lack of immediate urgency, market imperfections, and concerns about reputational risk. Over 90% of corporations aim for net zero emissions by 2050, and less than 25% of them have plans to offset their emissions before reaching that target.<\/span><\/p><p><span style=\"font-weight: 400;\">This uncertainty caused the retirement of carbon credits, which is the activity that represents the claim of the attached climate benefit to decrease by 3% in 2022 (from 2021), as opposed to an average annual growth of 48% from 2019 to 2021.<\/span><\/p><p>\u00a0<\/p><ul><li aria-level=\"1\"><b>Reform requirements to build transparency and trust\u00a0\u00a0<\/b><\/li><\/ul><p><span style=\"font-weight: 400;\">Regulation is crucial as the lines between VCM, compliance carbon markets, and sovereign carbon credit mechanisms become blurred. Clear regulatory regimes are needed to provide guidelines for the use of VCM. The recent implementation of the Singapore carbon tax mechanism is an example that merits further evaluation in this context.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c1870d7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c1870d7\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-438e9f0\" data-id=\"438e9f0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61862d4 elementor-widget elementor-widget-spacer\" data-id=\"61862d4\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 14-09-2023 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-73417a4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"73417a4\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-88bde39\" data-id=\"88bde39\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-12b3d29 elementor-widget elementor-widget-text-editor\" data-id=\"12b3d29\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Carbon markets in Asia present both opportunities and challenges in the region&#8217;s pursuit of sustainable development and combating climate change. These markets offer a mechanism for countries to reduce greenhouse gas emissions and promote the transition to a low-carbon economy.<\/span><\/p><p><span style=\"font-weight: 400;\">Investing in the carbon market is not only financially rewarding but also aligns with the global imperative to combat climate change. By leveraging data and regulatory developments, investors can identify opportunities and manage risks in this evolving market. Whether through carbon allowances, offsets, or renewable energy investments, individuals and organizations can contribute to a sustainable future while achieving their financial objectives. However, it is important to conduct thorough research, seek professional advice, and remain mindful of the inherent risks associated with any investment.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>As the global community intensifies its efforts to combat climate change, the carbon market has emerged as a promising avenue for investors looking to align their financial goals with environmental sustainability. Asian governments and companies are striving to develop and scale up voluntary carbon markets (VCM).\u00a0 The existing VCM, however, has several issues that prevent [&hellip;]<\/p>","protected":false},"author":1,"featured_media":2274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"_links":{"self":[{"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/posts\/2273"}],"collection":[{"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/comments?post=2273"}],"version-history":[{"count":0,"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/posts\/2273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/media\/2274"}],"wp:attachment":[{"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/media?parent=2273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/categories?post=2273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gunungcapital.com\/zh\/wp-json\/wp\/v2\/tags?post=2273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}