CARBON MARKETS: ASSESSING CARBON CREDIT QUALITY

SIM X SIM ACAD

Course overview

CARBON MARKETS: ASSESSING CARBON CREDIT QUALITY
Categories

Leadership

degree award
Provider

SIM ACAD

academic level
Course type

Instructor-Led

projected fees
Course fee

(including GST)

Member Total Fee : $926.50
Non-Member Total Fee : $926.50

funding subsidy
Funding/Subsidy

N.A

CARBON MARKETS: ASSESSING CARBON CREDIT QUALITY


Course Overview

Singapore's Carbon Pricing Act allows liable companies to offset up to five percent of their carbon tax obligations using eligible international carbon credits — a provision that creates immediate procurement decisions for finance and sustainability teams who, in most cases, lack the technical capability to evaluate what they are buying. At the same time, the voluntary carbon market is under scrutiny following high-profile challenges to the integrity of forestry credits issued under major standards, the launch of the ICVCM Core Carbon Principles as a market-wide quality benchmark in 2023, and the operationalisation of Article 6 of the Paris Agreement, which introduces corresponding adjustments that alter how voluntary credits interact with national climate targets and creates new eligibility risk for credits without host country authorisation. 


Organisations sourcing carbon credits today face a market where quality is highly variable, seller representations are largely self-certified, and the reputational, regulatory, and financial consequences of retiring poor-quality credits are material. 


This programme closes the gap between procurement intent and technical execution: it equips sustainability officers, finance professionals, and corporate ESG practitioners with a structured framework for evaluating carbon credit quality, applying the verification and additionality criteria that the market's most credible standards require, and embedding those criteria into internal governance before the first credit is purchased or retired.


Course benefits

BUSINESS OUTCOMES


• Reduces reputational and regulatory exposure from retiring low-quality credits. Organisations with trained assessors can evaluate seller claims independently before commitment, certification brand, or third-party ratings as proxies for quality.

• Builds internal governance infrastructure around carbon credit procurement. Participants return with the criteria, due diligence questions, and approval logic needed to construct a defensible internal review process.

• Positions the organisation ahead of tightening market standards. The ICVCM Core Carbon Principles are becoming the de facto quality floor for institutional-grade credit procurement; teams trained to these standards now are ahead of the compliance curve.

• Applicable across functions — sustainability, finance, procurement, and risk — enabling cross-functional alignment on what constitutes an acceptable credit before internal policy is formalised.


LEARNING OUTCOMES


• The only programme that trains you how to evaluate a carbon credit. You leave with a structured quality assessment framework grounded in the criteria that Verra, Gold Standard, and ICVCM use to determine integrity — applicable to any credit you are presented with.

• Additionality and verification literacy at practitioner depth. You will be able to interrogate a credit's additionality claim, read a verification statement critically, and identify where measurement methodology creates integrity risk.

• Article 6 and ITMO literacy. You will understand what corresponding adjustments mean for credit usability and why the regulatory environment is changing the eligibility calculus for voluntary market credits.

• Hands-on case studies using real market examples. The practical session applies quality criteria to actual credits, giving you direct exposure to the red flags and trade-offs you will encounter in practice.

Course outline

1. Carbon Markets: Structure and Context

• Why carbon markets exist and the role of carbon credits in climate mitigation strategies

• Voluntary vs compliance markets

• Carbon pricing mechanisms and the factors driving and constraining credit demand

• Current market integrity challenges and regulatory developments reshaping the landscape

2. Carbon Credits: Types, Categories and Project Characteristics

• Nature-based vs technology-based credits

• Avoidance vs removal credits 

• Sectoral examples: forestry (REDD+, ARR), energy (cookstoves, renewable energy), industrial (methane capture), and carbon removal (biochar, enhanced weathering, direct air capture)

• Inherent strengths and limitations by project type — the baseline risk profile that comes with each category before evaluating any specific credit

3. Carbon Credit Quality and Integrity

• What defines a high-quality carbon credit

• The five quality principles applied as assessment criteria:

o Additionality

o Permanence 

o Leakage 

o MRV 

o Co-benefits and safeguards 

• Common integrity risks and red flags: over-crediting, vintage risk, baseline manipulation, weak third-party verification, and reputational exposure by project category

4. Paris Agreement Article 6: Regulatory Risk and Market Impact

• Article 6 architecture

• Article 6.2 and ITMOs 

• Corresponding adjustments: what they are, how double counting arises without them, and why this creates risk for credits without authorisation

• The difference between Article 6-authorised credits and standard VCM credits

• Practical risk implication: identifying whether a credit carries a corresponding adjustment and what the absence of authorisation means for corporate claim credibility

5. Using Carbon Credits Responsibly

• The role of carbon credits in a net-zero strategy 

• When carbon credits are appropriate and when their use is premature or indefensible

• Claims and communication: what the VCMI Claims Code permits, what language creates legal and reputational exposure, and the distinction between high-integrity and greenwashing claims

• Aligning credit retirement with SBTi pathways and internal decarbonisation commitments

6. Applied Quality Assessment: Case Studies

7. Governance and Decision Framework

• Internal controls and approval processes for carbon credit procurement 

• Due diligence checklist: the minimum information set required before committing to a credit purchase

• Monitoring, reporting, and ongoing review

• Structuring an internal policy position on carbon credit use

8. Wrap-Up and Q&A


Duration

1 day

Who should attend?

Level 3 - New Managers
Level 4 - Managers
Level 5 - Senior Managers & Directors

Programme leader

Tan Bee Lay is a sustainability leader and management consultant with over 30 years of experience advising organisations across the finance, energy, waste, and industrial sectors in Asia. As Impact Partner at Terrama, she leads sustainability consultancy and capacity-building initiatives, including strategic direction, curriculum design, and industry partnerships. Her work includes developing carbon credit projects—particularly in nature-based solutions and renewable energy—aligned with international frameworks such as the Paris Agreement, Article 6, and CORSIA. 


In addition to her role at Terrama, Bee Lay serves as Chief Sustainability Officer of SDAX, leading the sustainability strategy—including the Green Taxonomy, ESG framework, and listing rules—aligned with the Singapore-Asia Taxonomy. Bee Lay also plays a key role in advancing national sustainability standards in Singapore. She serves as Convenor of the Working Group on GHG Emissions and Product Life Cycle and as a Technical Committee member for Environmental Management and Sustainable Finance under the Singapore Standards Council, Enterprise Singapore.


Course fee

Programme Executive In Charge : Patricia Lee

Telephone number : 6248 9447

Email : patricialee@sim.edu.sg


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