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Carbon Frontiers 2025 Episode 3 | Peter Zaman, Partner, HFW Singapore
Feb 22, 2025
Peter Zaman, a climate change specialist and Partner at HFW Singapore, delves into the fallout from the U.S. withdrawal from the Paris Agreement. He discusses how this decision influences global climate dynamics and emphasizes the urgent need for adaptation strategies. Zaman critiques the slow pace of meaningful climate action and the complexities of carbon offset policies. The conversation also tackles the importance of private sector involvement and innovative funding mechanisms to address climate risks and support sustainable practices.
54:15
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Quick takeaways
- The U.S. withdrawal from the Paris Agreement complicates global climate action, shifting the responsibility to countries like the EU and Japan.
- A stronger emphasis on adaptation finance is vital, requiring innovative private sector engagement to address increasing climate risks effectively.
Deep dives
Reinvesting in Global Climate Agreements
The need to adapt and invest in the Paris Agreement is critical for dual goals of growth in both adaptation and mitigation. It is essential to acknowledge that adaptation is just as crucial as efforts to mitigate climate change, as signs of urgency become increasingly evident. Moving forward, a more user-friendly approach to the agreement will be necessary to facilitate action from various stakeholders. Therefore, to achieve meaningful progress, it is imperative to treat the Paris Agreement as a vital tool for both adaptation and mitigation strategies.
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