Carbon Frontiers Episode 5 | Peter Zaman, Partner, HFW Singapore
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The Cost of Abatement in Southeast Asia
If a country has an NDC of 100 and it has sold 10 credits with a corresponding adjustment, essentially the country now within that NDC period has to generate 110 units to be able to meet its NDC. But I don't have to do a corresponding adjustment to that. And the reason for that really is that it should be a host countries choice as to how that unit is deployed. The more we insist on a corresponding adjustment where we don't need one, the more we are saying to the selling country that we're going to make it more expensive for you tomeet your NDC objective. World Bank's done a really interesting study and what they did is they sort of applied a
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