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Carbon Pricing

Calculating the cost of emissions

A market-based strategy, carbon pricing is gaining attention as a way to bring down emissions. Putting a price on carbon also incentivises clean technology and market innovation, fuelling new, low-carbon drivers of economic growth.

Internal Carbon Pricing

Carbon pricing reveals the hidden cost of greenhouse gas pollution. An internal carbon price can help companies enhance their business strategies to become more resilient to regulatory climate policies and more favourable to emission reductions. We assist companies to design optimal solutions in the form of shadow price or internal carbon tax, as well as corporate schemes to direct investments to low-carbon operations in line with their sustainability roadmaps.

Carbon Market

We help our clients who are regulated under emission trading schemes (ETS) or cap-and–trade schemes to identify and develop credible carbon offsetting projects, or to source project-based carbon credits to meet mandatory requirements. For clients who are committed to net-zero emission targets, we provide advice on carbon neutral strategies and supply quality carbon credits from the voluntary offset market.

The Singapore Carbon Pricing Act (CPA) and its accompanying regulations came into effect on 1 Jan 2019.  Under the CPA, any industrial facility that emits direct greenhouse gas (GHG) emissions equal to or above 2,000 tCO2e annually should be registered as a reportable facility and to submit an Emissions Report annually; and any industrial facility that emits direct GHG emissions equal to or above 25,000 tCO2e annually is required to be registered as a taxable facility and to submit a Monitoring Plan and an Emissions Report annually. We provide technical support in carbon measurement, reporting and verification (MRV), as well as strategic advisory in response to future regulatory trends.