This allows groups of users, such as policymakers, investors and carbon project developers, to play out different scenarios and identify the best way to source nature-based carbon credits or establish new projects, says the NUS’s Centre for Nature-based Climate Solutions (CNCS) on Nov 30.
A research centre by the National University of Singapore (NUS) has launched a new scenario-modelling facility that aims to accelerate regional cooperation on nature-based carbon projects across Southeast Asia.
The $1 million NUS Decision Theatre allows users to adjust various parameters, including type of carbon credit, participating countries, carbon price, project duration and more, to calculate the economic potential and co-benefits of launching a carbon project at a specific site.
