S2E5: Avoidance, removals and reduction: What blocks agreement on carbon markets at COP29?

International carbon markets can help to channel funding to
developing countries and help them take action to tackle climate
change.


Synopsis: Every first and third Tuesday of the month, The Straits
Times analyses the beat of the changing environment, from
biodiversity conservation to climate change.


What is the difference between carbon avoidance, removal or
reduction? This question is one of a few key ones holding up
global consensus on the establishment of a global carbon credit
programme under Article 6 the Paris Agreement. At the UN climate
conference COP29, which will be held in Baku, Azerbaijan, from
Nov 11 to 22, negotiators will be hammering out the details to
enable this programme to be implemented. Article 6 of the Paris
Agreement allows countries to cooperate with one another to
achieve their climate targets, such as through carbon
markets. 


What are the differences between these three terms, and why are
they so contentious? To find out more about the roadblocks
hindering an agreement on carbon markets at COP29, hosts Audrey
Tan and David Fogarty chat with Mr Anshari Rahman, director of
policy and analytics and investment firm GenZero. Mr Anshari was
a former climate negotiator on Article 6 with the Singapore
Government.


Highlights of conversation (click/tap above):


2:08 What is Article 6 all about?


4:07 Why is Article 6 important for South-east Asia?


7:42 What are the main sticking points of negotiations on Article
6?


9:33 What are the issues surrounding the varying definitions of
carbon avoidance, removal, or reduction?


13:58 What are the other benefits that Article 6 can deliver?


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Read her articles: https://str.sg/JLM2


Follow David Fogarty on X: https://str.sg/JLM6


Read his articles: https://str.sg/JLMu


Hosts: Audrey Tan (audreyt@sph.com.sg) & David Fogarty
(dfogarty@sph.com.sg)


Produced and edited by: Eden Soh


Executive producer: Ernest Luis


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