Committee Sustainable Business

Impact of Carbon Tax and Opportunities in Carbon Markets

Friday 3 February 2023 - 8:30 am to 10:00 am (UTC+8)

The French Chamber of Commerce in Singapore, 541 Orchard Rd, #09-01 Liat Towers, 238881, Singapore

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Event language(s)
English

For members only

Price: Members Only
10 SGD

Ended

Event ended.

Join us and learn about the impact of carbon tax to the businesses and opportunities in compliance and voluntary carbon markets

With the announcement by Mr. Lawrence Wong at Budget 2022, the Singapore government will raise its climate ambition to reach net zero emissions by or around 2050, and to increase the carbon tax from $5 per tonne of emissions to between $50 and $80 by 2030.

Businesses can utilise carbon credits to offset carbon tax bill and to neutralise and compensate emissions on the path to Net-Zero. They will be able to use high quality, international carbon credits to offset up to 5% of their taxable emissions from 2024, instead of paying the carbon tax. This will mitigate the impact for companies that are able to source for credible carbon credits in a cost-effective manner. This will also help to generate demand for high-quality carbon credits and catalyse the development of well-functioning and regulated carbon markets.

In this committee meeting, join us and learn about the impact of Carbon Tax to the businesses and opportunities in compliance and voluntary carbon markets.

Speakers

Mr. Weijie Zhang, Divisional Director, Energy & Climate Policy at Ministry of Sustainability and the Environment

Mr. Cedric Joutet, Co-founder and CEO at Infrablocks

Moderated by Mr. Pierre-Alexandre Deplaix, Carbon Trader, Global Energy Management & Sales Asia Pacific & Middle East at ENGIE

Agenda

08:00 am Welcome Guests and Registration

08:30 am Short Presentation by each panellist

09:00 am Panel Discussion among panellists

09:30 am Q&A

09:45 am Networking

This event is kindly supported by our Committee Partner ENGIE.

Terms and Conditions

This event is for members only
Full payment is required upon registration
Should you need to cancel, please do so no later than two working days before the date of the event
No shows will not be refunded
Please note that photographs and videos may be taken during the event for news and publicity purposes