Carbon Frontiers Episode 5 | Peter Zaman, Partner, HFW Singapore
SmarterMarkets™
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Corsia's Carbon Offsetting Scheme
Corsia is an international aviation offsetting scheme to deal with the IKO Treaty obligations. The airlines essentially have to buy offsets from somewhere to be able to meet its Corsia targets. So for that source of supply, you're draining carbon offsets otherwise capable of being used within the Paris Agreement. Some argue that what other ways are there to ensure that we're not double counting? It doesn't make logical sense," he says.
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