Singapore's role in the long road to sealing a deal on carbon markets at COP26

International carbon markets will offer Singapore another route to reduce its emissions, even as it prioritises domestic efforts to do so. ST PHOTO: JASON QUAH
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SINGAPORE - Getting countries to overcome domestic constraints to cut their carbon footprint is a task already fraught with challenges. Convincing nations to cooperate for this purpose is much more difficult.

Since 2018, the almost 200 countries that are party to the Paris Agreement have failed to reach a consensus on how such a cooperative framework for reducing emissions should look.

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