International Climate Change Regime and Singapore’s Approach to Carbon Markets

This presentation provides an in-depth exploration of the international climate change regime and Singapore's approach to carbon markets. It begins with an overview of key international agreements, including the United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol, and the Paris Agreement. The presentation then delves into Singapore's commitments under the Paris Agreement, its international collaborations, and the implementation of carbon pricing instruments such as the Carbon Pricing Act 2018. Additionally, it covers the legal and regulatory framework in Singapore, focusing on transition planning, regulatory disclosures, and the evolving duties of directors in the context of climate change, with case studies on directors' liabilities for climate-related issues and greenwashing.

• Fee: S$ 280(Nett)

• 1.5 Public CPD Points

• Practice Area:  Others/Multi-disciplinary

• Training Level: General

LEARNING OUTCOME

• Understand the international climate change regime starting with the United Nations Framework Convention on Climate Change, the Kyoto Protocol and the Paris Agreement

• Understand the relationship between Singapore’s accession to the Paris Agreement, its international collaborations and its carbon pricing instruments, including the Carbon Pricing Act 2018

• Understand the legal and regulatory regime in Singapore relating to, among others, transition planning and regulatory disclosures

• Understand how directors’ duties are evolving in the era of climate change, with a look at case studies on directors’ duties and liabilities for climate/greenwashing 

  
  

COURSE OUTLINE

1.   Introduction (10 minutes)

• Welcome and objectives of the presentation

• Overview of the international climate change regime

• Importance of understanding climate change laws and carbon markets

2.  International Climate Change Regime (20 minutes)

• United Nations Framework Convention on Climate Change (UNFCCC)

• Establishment and objectives

• Key principles and obligations

• Kyoto Protocol

• Adoption and commitment periods

• Market-based mechanisms: Clean Development Mechanism (CDM), Joint Implementation (JI), and Emissions Trading

• Doha Amendment and its implications

• Paris Agreement

• Adoption and key provisions

• Nationally Determined Contributions (NDCs)

• Paris Agreement Rulebook and Katowice Climate Package

• Global Stocktake and its significance

3. Singapore's Climate Commitments and Carbon Pricing (20 minutes)

• Singapore’s Accession to the Paris Agreement

• Timeline of commitments and updates to NDCs

• Long-term Emissions Development Strategy (LEDS)

• Carbon Pricing Act 2018

• Overview and objectives

• Carbon tax rates and implementation timeline

• Fixed-Price Carbon Credits and International Carbon Credits

• International Collaborations

• Article 6 Implementation Agreements

• Case studies of international partnerships (e.g., with Papua New Guinea)

  
  

4. Legal and Regulatory Framework in Singapore (20 minutes)

• Transition Planning and Regulatory Disclosures

• Requirements for businesses and financial institutions

• Guidelines and best practices

• Directors’ Duties in the Era of Climate Change

• Evolving responsibilities and liabilities

• Case studies on directors’ duties and liabilities for climate-related issues and greenwashing

5. Case Studies and Practical Insights (15 minutes)

• Detailed examination of specific case studies

• Lessons learned and best practices

• Interactive discussion and Q&A

6. Conclusion and Q&A (5 minutes)

• Summary of key points

• Final thoughts and takeaways

• Open floor for questions and discussion

SILE ATTENDANCE POLICY

Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information."

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