The first wave of carbon markets was about avoidance. The second wave is about removal. The third—gathering momentum now—is about nature itself.
Across Asia, governments are recognising a fundamental truth: their most valuable carbon assets are not in industrial parks or power grids, but in mangroves, peatlands, forests, and coastal ecosystems. Nature-based solutions are no longer a niche concern ...
The shift towards prioritizing nature-based solutions (NbS) in Asia reflects a recognition that these ecosystems can provide co-benefits such as coastal protection, storm prevention, biodiversity conservation, and cultural heritage preservation, in addition to carbon sequestration. The article argues that the quality of NbS projects is crucial, with digital MRV technologies playing a key role in ensuring that these projects meet exacting standards of durability, additionality, and transparency. ...