Carbon Frontiers Episode 5 | Peter Zaman, Partner, HFW Singapore
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The Reality of Nationalization Risk in the Voluntary Carbon Markets
The cost of a carbon emission is now part of essentially that country's NDC commitment. So if you're a country who historically hasn't had laws that regulate and control carbon emissions in your domestic space, you are going to pass a lot of laws. Nationalization risk is really the idea that countries have to get a grip of the laws and regulations in their own countries so that they can achieve their NDC.
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