Recently, at the bustling COP29 held in the charming city of Baku, Azerbaijan, Gloyta Nathalang, the dynamic force behind Bangchak Corporation’s Sustainability Management and Corporate Communications, alongside her role as Chairperson of the innovative Carbon Markets Club, embarked on an energetic journey into the heart of the ASEAN carbon market. Amid a whirlwind of high-level discussions, Gloyta’s presence was not just noticed–it was unforgettable.
She graced two imperative side event panels, radiating the importance of regional synergy and technological prowess in spearheading sustainable evolution. On a pivotal day, November 18, 2024, the energy in the Malaysia Pavilion reached its zenith as Gloyta inked her name on a Memorandum of Collaboration (MoC), a pact supporting the ambitious ASEAN Common Carbon Framework (ACCF). This framework aspires to weave a strong fabric of standards, advancing efficient and transparent carbon credit trading, thereby paving a green highway to a low-carbon economy throughout the ASEAN region.
This exciting MoC signing was more than a signature— it was a landmark beacon for ASEAN’s concerted stroll towards sustainable greatness. Soon thereafter, Gloyta immersed herself in a deep-dive discussion panel, shoulder to shoulder with trailblazers from Singapore, Malaysia, Indonesia, and esteemed ASEAN associations. Together, they painted a vivid tapestry of collective gains stemming from harmonized standards, sharing of resources, and turbocharged market efficiency.
Transitioning from insights to action, Gloyta dazzled once again on the second panel titled, “From Zero to Carbon Hero: Unlocking the Power of Tech-Powered Carbon Credits.” With animated zeal, she dug deep into how technology can become the magic wand for crafting high-caliber carbon credits. Drawing on Bangchak Group’s groundbreaking ventures, she showcased awe-inspiring innovations. She highlighted BCPG’s blockchain wizardry in peer-to-peer solar energy trading and the visionary Plant D initiative, which adeptly employs satellite monitoring and digital sorcery to uphold T-VER standards, all the while nurturing the twin projects of clean energy and sustainable agriculture.
These scintillating discussions radiated the undeniable truth: collaboration and digitally-driven innovation are the twin engines standardizing carbon markets across ASEAN. This aligns seamlessly with the Carbon Markets Club’s audacious mission to confront the climate crisis step by bold step through impactful carbon credit trading escapades.
Amidst the intellectual exchanges and networking galore, if you find yourself curious and yearning for more insights and future plans, feel free to tap into the wealth of knowledge by reaching out to: [email protected].
Gloyta Nathalang truly is paving the way for ASEAN in the carbon market. But it’s baffling how we’re still not making faster progress on a global scale.
Absolutely! It feels like lots of talk but too little action. Countries should be doing so much more to meet these carbon limitations.
True, but at least people like Gloyta are making waves within ASEAN. Hopefully, this will inspire others globally soon.
Don’t forget that technology can play an influential role here. It’s not just about policies, but how we implement tech effectively.
These carbon credits sound great in theory, but is anyone actually monitoring how effective they are? Sounds like another greenwashing tactic.
There’s definitely some truth in that, considering the previous scandals. However, the blockchain methods mentioned might bring better transparency.
What a pessimistic viewpoint! Sometimes people just hate on innovations, instead of seeing their potential.
Tech-driven carbon credits are the future! Gotta say, using blockchain for solar energy trading is a stroke of genius!
It’s exciting, yes. But is it scalable? I worry about overhyping technology without considering real-world logistics.
A fair point, Pete. Scalability is key. However, trial runs could help solve those potential issues.
I attended one of the panels virtually. Wow, Gloyta really knows how to paint a vision. But are we being too optimistic?
Optimism is crucial for innovation! Aiming high can drive us towards real improvements.
There’s a difference between optimism and blind faith. I think we need a healthy mix of hope and skepticism.
ASEAN regions collaborating on this is so critical. I just hope they don’t forget about local stakeholders and small-scale farmers.
ASEAN needs to support grassroots more. They’re the backbone of sustainable practices!
I don’t get what all the fuss is about. Carbon credits sound complicated, and how do they even stop climate change?
What’s thrilling is how markets can shape eco-friendly policies! It’s business taking responsibility.
Understanding carbon markets requires expertise and broad collaboration. If we can’t create robust systems, the whole concept becomes futile.
What does this mean for energy prices in ASEAN? Are renewables going to be more expensive for locals?
The attention ASEAN is getting is overdue. It’s disappointing it’s taken this long to act substantially on carbon trading.
Why isn’t there more media coverage on these developments? It’s frustrating how much goes unnoticed until it’s too late.
Instead of focusing overseas, let’s fix domestic issues first. We can’t be saviors elsewhere while we struggle locally.
Blockchain seems promising but also raises privacy concerns. Somewhere there has to be a balance.
This is inspiring! I’ve been looking for these kinds of initiatives. Finally, tangible actions at big events!
Are carbon credits all talk and no action? We keep hearing about them, but the results seem minimal.
If ASEAN can pull this off, it might just set an example for other regions. Let’s keep an eye on their progress.
I think the tech aspect can’t be overstated. Automation and blockchain will revolutionize carbon accounting.
People need to see the bigger picture here. It’s about creating frameworks that endure and support sustainability long-term.
I’ll believe in carbon credits when I see real, measurable reduction in emissions, not just words on paper.