01:19 What are NDCs and double counting
05:34 How does Carbon Neutrality Token work
Guest speaker, Dr Lorenzo Bernasconi who is the Head of Climate and Environmental Solutions at Lombard Odier, explains what are Nationally Determined Contributions (NDCs) and how that results in the issue of double-counting. This accounting issue, therefore has hampered the cross-border trading of carbon credits on the voluntary carbon market.
This is followed by Dr Bo Bai, Chairman and Co-founder of CTX, who then explains what a Carbon Neutrality Token is and how that solves the issue of double counting and allows businesses to trade carbon credits without touching NDCs.
You can watch the full webinar at https://youtu.be/TognAscp2nA
Let’s keep the conversation going…to learn more about Carbon Neutrality Tokens, say hello to us at firstname.lastname@example.org or visit our website https://www.ctx.sg.