Event
5TH ESI WORKSHOP ON CARBON PRICING
WORKSHOP5TH ESI WORKSHOP ON CARBON PRICING
Emerging Trends in Carbon Pricing
Thursday, 5 December 2024
09:30 – 17:00 hrs (Singapore Time, GMT+8)
Carlton Hotel Singapore
Esplanade 1 & 2, Level 4
76 Bras Basah Rd
Singapore 189558
Registration Link: https://forms.office.com/r/qWnD0kdP4c
Despite a substantial expansion in its use in the last three decades, carbon pricing has faced some criticisms related to its effectiveness and fairness. In recent years, various attempts have been made to improve and complement existing carbon pricing schemes and carbon markets. ESI hosts a deep dive workshop discussing such efforts observed in global carbon pricing with specific attention to i) carbon border adjustment mechanism, ii) carbon pricing in the transport sector, and iii) carbon offsets and voluntary markets. This workshop will enhance the understanding of the background and potential impacts of these emerging trends. It will also provide helpful insights into future carbon pricing and decarbonization strategies in Singapore to achieve both climate and economic goals.
09:00 – 09:30 | Registration |
09:30 – 09:50 | Opening Session Welcome Remarks:
Workshop Introduction:
|
09:50 – 12:00 | Session 1: Carbon Pricing in the Transport Sector Moderator: Dr Roger Fouquet (Senior Research Fellow, ESI, NUS) Presentations:
Discussion and Open Q&A |
12:00 – 13:20 | Networking Lunch |
13:20 – 15:00 | Session 2: Carbon Border Adjustment Mechanism Moderator: Dr SU Bin (Senior Research Fellow, ESI, NUS) Presentations:
Discussion and Open Q&A |
15:00 - 15:20 | Comfort Break |
15:20 - 17:00 | Session 3: Carbon Offsets and Voluntary Markets Moderator: Dr KIM Jeong Won (Senior Research Fellow, ESI, NUS) Presentations:
Discussion and Open Q&A |
Valeria BERNARDO (Associate Professor, Tecnocampus, University Pompeu Fabra)
Dr Valeria Bernardo holds a B.A. in Economics from the University of Buenos Aires (UBA). She
has a MA in Economics, Competition and Public Services Regulation, and a MSC in Economics,
both from the University of Barcelona (UB). Valeria also holds a PhD in Economics from the
University of Barcelona. Valeria is Associate Professor at Tecnocampus, University Pompeu
Fabra, where she has also coordinated for several years the Master in Logistics, Supply Chain
and Maritime Business. Her main research interests are in the transportation sector, with a
focus in competition, regulation, sustainability and policy evaluation. She has published in
Journals such as Energy Economics, Transportation Research Part E, Economics of
Transportation, Transport Policy and the Journal of Regulatory Economics. She has been
involved in several funded projects from private and public institutions, such as the Spanish
Ministry of Science and Innovation, the Environmental Agency of Austria, the European
Commission, Cetaqua and Tusgsal.
Wei-nee CHEN (Head of Carbon Market, Bursa Malaysia Berhad)
Dr Wei-nee Chen holds a Bachelor Degree in Computer Science from the University of
Canterbury, a Master of Business Administration from Universiti Tun Abdul Razak, and a Doctor
of Business Administration from Universiti Kebangsaan Malaysia. She has served as a Technical
Advisor in a UNDP project (2005-2011), she was the Chief Strategic Officer of Sustainable
Energy Development Authority (2011 – 2020) and a Vice-President of New Energy Ventures of
Hibiscus Petroleum (2020-2022). In August 2022, she joined Bursa Malaysia Bhd as Head of
Carbon Market. Dr Wei-nee currently serves as a member of Industry Advisory Panel to the
Malaysia Petroleum Resources Corporation, the Malaysian Photovoltaic Industry Association
and Sunway University (PhD in Sustainable Development), a Deputy-Secretary to the Malaysia
Carbon Market Association, a member of the REDD+ Finance Framework Advisory Committee,
the National CORSIA Taskforce, and a member of the technical working group of the World PMI
CPI and the National Policy on Carbon Market.
Goran DOMINIONI (Assistant Professor, Dublin City University)
Dr Goran Dominioni is an Assistant Professor at the School of Law and Government at Dublin
City University. He is currently the PI of a World Bank-funded project on implementing carbon
pricing in international shipping and a UN Foundation grant on the same topic. Since 2022,
Goran has organized and delivered training on carbon pricing in shipping to members of
delegations to the International Maritime Organization from over 50 developing countries. He
is also the lead author of the World Bank report “Distributing Carbon Revenues from Shipping.”
His research has been awarded prizes from various institutions — including the MIT Climate
CoLab, Yale Law School, and the World Bank — and has been cited in the Financial Times, The
Guardian, and France24. He holds an LLM from Yale Law School and a PhD from Erasmus
University Rotterdam.
Xavier FAGEDA (Professor, University of Barcelona)
Dr Xavier Fageda is full professor of Applied Economics at the University of Barcelona (UB) and
researcher at the Governments and Markets Research Group (GIM). He has a MSc in Economics
at University of Warwick (2002) and a PhD in Economics at UB (2004) and has carried out
research stays at U. British Columbia and U. Cornell. His research focuses on the analysis of
competition and externalities in the transportation sector, and on the econometric evaluation
of public policies. He has led several competitive projects funded by national or regional
governments and has worked on several research contracts with public entities and private
firms. He has around 100 scientific publications (WoS) including, among many others, European
Economic Review, Journal of Environmental, Economics and Management, Regional Science
and Urban Economics, Journal of Economic Geography, Journal of Regional Science, Regional
Studies, International Journal of Industrial Organization, Economics of Transportation and
Transportation Research (A, E, D).
Joydeep GHOSH (Research Fellow, Energy Studies Institute, National University of
Singapore)
Dr Joydeep Ghosh is a Research Fellow at ESI. He has more than 15 years of experience with
research organizations and thinktanks. He has also worked as a consultant with multilateral
agencies such as UNDP, UNCDF and the World Bank. His main area of research interest is
energy and climate policy modelling. His research has focused on the economic and
environmental impacts of carbon pricing policies and on the role of technological progress in
the energy transition. His current research focuses on the intersection between climate and
trade policies, particularly in the context of ASEAN. His research work has been published in
academic journals such as Energy Economics, Energy Policy, Journal of Policy Modeling,
Economic Modelling and Environment and Development Economics.
Hongyan LI (Research Fellow, Energy Studies Institute, National University of Singapore)
Dr Li Hongyan is an environmental economist and a Research Fellow at the Energy Studies
Institute. Her research focuses on decarbonisation, climate change mitigation, and general
issues in environment and resource economics. Her current work (1) assesses the effectiveness
of carbon pricing policies globally, aiming to inform policy implementations in non-carbon
pricing countries or those in early stages, including developing nations; (2) focuses on the
development of voluntary carbon markets and carbon credit projects. She holds a B.Econ. in
Finance from Shandong University and a Ph.D. in Economics from the National University of
Singapore. Her work has been published in peer-reviewed journals, including the Journal of
Economic Behavior & Organization.
Nicolas LOCKHART (Partner, Sidley Austin LLP)
Mr Nicolas Lockhart is a partner at Sidley Austin LLP, and a Fellow of the World Trade Institute
of the University of Bern. His activities covers public international law, with a focus on trade
and environment, and EU law relating to Environmental, Social and Governance (ESG). Some
highlights of Nic’s work include: 1) Nic advises global companies on ESG disclosures, value chain
due diligence, and green communications. His advice covers topics such as climate change,
biodiversity, circular economy, and human rights. 2) Nic was a member of an expert group of
international lawyers, convened by the TESS Forum, that reported on legal principles for traderelated climate measures, drawing together international environmental law and international
trade law. 3) Nic leads a Sidley team advising Antigua & Barbuda in advisory proceedings before
the International Court of Justice on the implications of climate change under international law.
4) Nic is a member of an advisory panel for the World Economic Forum in a project on greening
supply chains for EV vehicles.
Santiago Ramirez NIEMBRO (Carbon Markets Expert, International Carbon Action
Partnership)
Mr Santiago Ramirez Niembro is a consultant at adelphi and a carbon markets expert at ICAP,
focusing on mandatory emissions trading systems (ETS), carbon markets, and carbon pricing
policy. With expertise in the Americas, he tracks and reports on global carbon pricing
developments, creating knowledge-sharing resources to support effective policy. Since joining
adelphi, he has designed and managed multiple projects aimed at strengthening climate action.
Previously, Santiago was an International Climate Protection Fellow at the Alexander von
Humboldt Foundation, conducting research on emissions trading policies, and has worked in
Mexico on energy transition strategies for national agencies. Santiago holds a degree in Law
and an Executive Program diploma in Energy Investments and Transitions from the Instituto
Tecnológico Autónomo de México.
Shuting POMERLEAU (Director of Energy and Environmental Policy, American Action
Forum)
Ms Shuting Pomerleau is the Director of Energy and Environmental Policy at the American
Action Forum. Shuting’s work focuses on energy and environmental policy analysis. Research
topics include carbon border adjustments, carbon taxation, climate and trade, the latest
developments in energy markets, and electricity markets. Her work has been featured in a wide
range of outlets including Bloomberg, Financial Times, and TIME. She has also spoken at many
public conferences and events. Prior to joining AAF, Shuting served as the Deputy Director of
Climate Policy at the Niskanen Center working on market-based climate change mitigation
policies. Previously, she was a business strategy consultant working with senior executives of
multinational corporations to advise their business strategies for U.S. and international
markets. Shuting holds a master’s degree in public policy from Georgetown University.
William TODTS (Executive Director, Transport & Environment)
Mr William Todts is the Executive Director of Transport & Environment (T&E), steering the
organisation to promote, at EU and global level, an emissions-free mobility system. He joined
the organisation in 2011, working first on cars and then taking over as T&E's freight director. He
led civil society's efforts to have CO2 emissions from trucks regulated for the first time in
Europe. William has been T&E's executive director since 2017 and in that time the team has
grown from 28 to 120+ staff and the organisation has opened offices in five European capitals.
T&E also started working in new areas such as sustainable finance, green batteries and clean
cities.