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Singapore Carbon Credit Market to Reach US$ 55.14 Million by 2030, Rising at a CAGR of 21% | Report by CoherentMI

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BURLINGAME, Calif., Feb. 16, 2024 /PRNewswire/ — CoherentMI published a report, titled, Singapore Carbon Credit Market was valued at US$ 14.5 Million in the year 2023 and is anticipated to reach US$ 55.14 Million by 2030, at a CAGR of 21% during forecast period 2023-2030.

Market Dynamics:

The Singapore government has taken significant initiatives to reduce carbon emissions in the country, which is expected to drive the growth of the carbon credit market in the region. The government has implemented the Carbon Pricing Act, which imposes a price on carbon emissions from industries. This act encourages companies to reduce their carbon footprint and adopt cleaner technologies. Additionally, the government has also launched the National Climate Change Strategy, which aims to reduce Singapore’s greenhouse gas emissions by 36% by 2030. These initiatives create a favorable environment for companies to invest in carbon credits, thereby driving the growth of the market.

Furthermore, the increasing awareness among businesses about the environmental impacts of their operations and the growing need to align with sustainable practices are also fueling the demand for carbon credits. By purchasing carbon credits, companies can offset their carbon emissions and contribute to environmental sustainability.

Singapore Carbon Credit Market Report Snapshot:

Report Coverage

Details

Study Period

2023 – 2030

Base Year of Estimation

2022

CAGR

21.0 %

Largest Market

Singapore

Market Concentration

High

Major Players

Climate Impact X, Carbon Credit Capital, Carbonbay, Southpole, Triple Oxygen and Among Others.

Segments Covered

By Project Type, By Trading Type, By End User

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Trends

• Mainstreaming of Carbon Credits and Trading
• Live Streaming Taking Off

Key Market Takeaways:

The Singapore Carbon Credit Market Size is anticipated to witness a CAGR of 21% during the forecast period 2023-2030, owing to the growing demand for renewable energy projects.On the basis of project type, the renewable energy segment is expected to hold a dominant position, owing to the increasing focus on clean energy generation and reducing carbon emissions. Additionally, over the counter trading is expected to dominate the market in terms of trading type, due to its flexibility and ease of use.On the basis of region, Singapore is expected to hold a dominant position over the forecast period. Singapore’s commitment to environmental sustainability and its efforts to promote carbon neutrality make it an ideal market for carbon credit trading.Key players operating in the Singapore Carbon Credit Market include Climate Impact X, Carbon Credit Capital, Carbonbay, Southpole, and Triple Oxygen. These players contribute to the market’s growth through their expertise and services in carbon credit trading. Their presence in the market strengthens the overall trading ecosystem and provides market participants with a variety of options for carbon credit trading.

Market Trends:

One of the key trends in the Singapore Carbon Credit Market is the growing adoption of carbon offset projects by businesses. Companies are investing in projects that aim to reduce carbon emissions or remove carbon dioxide from the atmosphere, such as renewable energy projects, afforestation programs, and energy efficiency initiatives. This trend is driven by the desire of businesses to demonstrate their commitment to sustainability and meet their corporate social responsibility goals.

Another trend in the market is the emergence of blockchain technology in the carbon credit market. Blockchain can provide a transparent and secure system for tracking and trading carbon credits. It enables verification of carbon emissions reductions and ensures the integrity and authenticity of carbon credits. This technology has the potential to streamline the carbon credit market and increase trust among participants.

Recent Developments 

In September 2022, Carbonbay announced the launch of its carbon trading and offsetting platform tailored for Asia Pacific markets. The platform enables organizations to buy carbon credits and helps develop regional offset projects.In November 2020, Carbon Credit Capital launched the world’s first regulated tokenized carbon credits called Carbon Tokens. Each token represents one carbon credit and can be traded on digital exchanges.

Read complete market research report, “Singapore Carbon Credit Market Size And Share Analysis – Growth Trends And Forecasts (2023 – 2030)“, Published by CoherentMI.

Market Opportunities:

Growing Demand for Renewable Energy Projects

The Singapore Carbon Credit Market is anticipated to witness a CAGR of 21% during the forecast period 2023-2030, owing to the growing demand for renewable energy projects. Renewable energy is expected to be the dominating segment in terms of project type, holding a dominant position. This can be attributed to the increasing awareness about climate change and the need to transition to cleaner energy sources. As Singapore aims to reduce its carbon footprint and promote renewable energy generation, there is a significant opportunity for carbon credit trading in this sector.

Rapid Development of Over the Counter Trading

Another market opportunity in the Singapore Carbon Credit Market is the rapid development of over the counter trading. Over the counter trading is expected to be the dominating trading type in the market. This can be attributed to its flexibility and ease of use, allowing participants to directly negotiate and trade carbon credits without the need for a centralized exchange. As a result, over the counter trading provides a more efficient and customized approach to carbon credit trading, leading to its growing popularity in the market.

In conclusion, the Singapore Carbon Credit Market presents significant market opportunities in the form of growing demand for renewable energy projects and the rapid development of over the counter trading. With Singapore’s commitment to environmental sustainability, the market is poised for growth in the coming years. Key players in the market play a crucial role in facilitating carbon credit trading and contributing to the market’s overall growth.

Singapore Carbon Credit Market Segmentation:

By Project TypeRenewable energyEnergy efficiencyWaste managementForestry and land useHousehold devicesFuel switchingOthersBy Trading TypeOver the counterExchange TradedMerchandiseProject BasedOthers (futures, options etc)By End UserCorporationsGovernmentsBroker & ExchangeProject DevelopersIndividualsOthers (NGOs, public sector agencies etc.)

Purchase this Exclusive report here: https://www.coherentmi.com/industry-reports/singapore-carbon-credit-market/buyNow

Top Questions Answered in this Report:

1.  What factors are impeding the growth of the Singapore Carbon Credit Market?

2.  What are the primary drivers fueling the growth of the Singapore Carbon Credit Market?

3.  Which segment dominates as the leading component in the Singapore Carbon Credit Market?

4.  Who are the key players actively participating in the Singapore Carbon Credit Market?

5.  Which region is expected to take the lead in the Singapore Carbon Credit Market?

6.  What is the projected CAGR of the Singapore Carbon Credit Market?

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About Us:

At CoherentMI, we are a leading global market intelligence company dedicated to providing comprehensive insights, analysis, and strategic solutions to empower businesses and organizations worldwide. Moreover, CoherentMI is a subsidiary of Coherent Market Insights Pvt Ltd., which is a market intelligence and consulting organization that helps businesses in critical business decisions. With our cutting-edge technology and experienced team of industry experts, we deliver actionable intelligence that helps our clients make informed decisions and stay ahead in today’s rapidly changing business landscape.

Contact Us:

Mr. Shah
Senior Client Partner – Business Development
CoherentMI
Phone:
U.S.: +1-206-701-6702
U.K: +44-020-8133-4027
JAPAN: +81-50-5539-1737
INDIA: +91-848-285-0837
Email: sales@coherentmi.com
Website: https://www.coherentmi.com

Logo: https://mma.prnewswire.com/media/902389/Coherent_Market_Insights_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/singapore-carbon-credit-market-to-reach-us-55-14-million-by-2030–rising-at-a-cagr-of-21–report-by-coherentmi-302064012.html

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Pioneering Scientist David Deamer to receive ABRF Award for Outstanding Contributions to Biomolecular Technologies

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 LEXINGTON, Ky. , Nov. 2, 2024 /PRNewswire/ — The Association of Biomolecular Resource Facilities (ABRF) is pleased to announce the selection of David Deamer, Ph.D., Research Professor of Biomolecular Engineering at the University of California, Santa Cruz as the next recipient of the ABRF Award, which recognizes Outstanding Contributions to Biomolecular Technologies.

Over his scientific career, Deamer has focused on biological and synthetic membranes. In 1989, Deamer proposed that it may be possible to sequence a DNA molecule by passing it through a nanoscopic pore embedded in a lipid bilayer membrane. Deamer, Daniel Branton, (Harvard University), and John Kasianowitz (NIST) demonstrated the feasibility of this concept in 1996. Collaborative work with Mark Akeson at UC Santa Cruz reported proof of principle in 1999 by showing that a nanopore could distinguish between sequences of adenine and cytosine in RNA molecules. Oxford Nanopore Technology, founded in the UK in 2005, has developed and distributed multiple devices that incorporate nanopore sequencing concepts. Deamer was elected to the National Academy of Inventors in 2023. In the same year, Deamer, Branton, and Akeson were recipients of the Golden Goose Award at a ceremony in Washington DC. This award recognizes research that attracted much skepticism at first but later resulted in significant societal impact.

ABRF Past President and Award Committee Chair Rich Cole, with the New York State Department of Health’s Wadsworth Center, described Deamer’s impact:

“Core facilities are the backbone of modern research, providing access to cutting-edge technologies and expertise. They accelerate scientific discovery by fostering collaboration, enhancing reproducibility, and maximizing the efficient use of resources. Deamer uses two core facilities to support his research, both related to nanopore sequencing of DNA. One of these is a nanopore sequencing center established by Professor Karen Miga, a member of the Biomolecular Engineering faculty at the University of California, Santa Cruz. The center features a PromethION instrument capable of sequencing a human genome in five hours. The other core facility he uses is the Wasatch Biolab (WBL) in Heber, Utah. WBL also uses a PromethION to provide nanopore sequencing services to the research community.

The ABRF Award, the association’s highest scientific honor, has been presented to an extraordinary group of researchers and innovators since 1994, including several Nobel Prize recipients.

Dr. Deamer will accept the Award at the ABRF 2025 Annual Meeting, March 23-26, in Las Vegas.

For more information on ABRF, visit www.abrf.org.

Provided by Newswise, online resource for knowledge-based news at www.newswise.com

Media Contacts: Ken Schoppmann
Executive Director
ken.schoppmann@abrf.org
Phone: 8595149835

Contact: ABRF@ABRF.org

View original content:https://www.prnewswire.com/news-releases/pioneering-scientist-david-deamer-to-receive-abrf-award-for-outstanding-contributions-to-biomolecular-technologies-302294110.html

SOURCE Association of Biomolecular Resource Facilities (ABRF)

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BLUE LOCK UNVEILS NEWEST KEY VISUAL AHEAD OF SEASON 2 CLIMACTIC MATCH

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NEW PROMOTIONAL VIDEOS AND TEASER BUILDS EXCITEMENT AS THE BATTLE FOR BLUE LOCKS SURVIVAL BEGINS

LOS ANGELES, Nov. 2, 2024 /PRNewswire/ — Today, BLUE LOCK unveiled a new key visual ahead of the highly anticipated match between the BLUE LOCK Eleven and the U-20 Japan National Team kicking off on Season 2, Episode 6.  The newly released visual features central players from both teams, including Yoichi Isagi, Rin Itoshi, Seishiro Nagi, Ryusei Shidou, Sae Itoshi, and Oliver Aiku, all showing their fierce and ego-driven expressions.

Alongside the new key visual, two kickoff PVs are being released simultaneously on the EMOTION LABEL CHANNEL’s YouTube channel, each showcasing the starting roster for both sides of the historic and intense showdown that’ll determine BLUE LOCK’s future. For the U-20 Edition of the PV, it’ll be the first time fans of the series hear the voices for the U-20 Japan National Team members Kento Chou, Teru Kitsunezato, Itsuki Wakatsuki, Haru Hayate, Miroku Darai, Kazuma Niou, Teppei Neru, and Gen Fukaku. As a bonus for overseas fans, a special teaser has also been unveiled, sharing highlights from the current season thus far and ending with the BLUE LOCK Eleven taking the field against their opponents for the biggest match of their careers.

▼ Kickoff PV for the U-20 Japan National Team Match: BLUELOCK Edition –
https://youtu.be/LxLOs0nh3vg
▼ Kickoff PV for the U-20 Japan National Team Match: U-20 Edition –
https://youtu.be/zeLigBy7OQo
▼ BLUE LOCK VS. U-20 JAPAN TEASER –
https://youtu.be/-3QKQ6xGRHc

With the reveal of the full U-20 Japan National Team, new character profiles have been unveiled, along with the voice actors of some of the anime’s newest characters. For the U-20 Japan National Team, the voice actors are as follows: Kento Chou voiced by Jun Kasama, Teru Kitsunezato by Gakuto Kajiwara, Itsuki Wakatsuki by Taito Ban, Haru Hayate by Kensho Ono, Miroku Darai by Yusuke Shirai, Kazuma Niou by Takuya Sato, Teppei Neru by Shunichi Toki, and Gen Fukaku by Chikahiro Kobayashi. Additionally, the character profile for Ryusei Shidou has been updated, showing him in the U-20 Japan National Team uniform.

“BLUE LOCK vs. U-20 JAPAN” airs weekly on Saturdays on Crunchyroll. For more information about BLUE LOCK THE Movie – EPISODE Nagi -, and BLUE LOCK vs. U-20 JAPAN, please visit the official website at bluelock-anime-en.com & X (formerly Twitter) accounts at @BLUELOCK_PR and @Blue_Lock_En.

Story:
BLUE LOCK follows the dreams of 300 high school students who aim to lead the Japanese Men’s National Team to the next World Cup championship as their ace striker! To become the best, they join the BLUE LOCK project, a high-risk training program where anyone eliminated is forever barred from joining the Japanese National Team. Pitting the best-rising players in Japan against each other, only the most confident and skilled will emerge from this program!

Thirty-five participants survived the grueling selection process and now they face their greatest challenge yet in this ego-driven frenzy, the U-20 Japan National Team! Can they meet this challenge and prove the value of the BLUE LOCK player improvement project?

The hottest battle in history is about to begin, where rising egoists will have the chance to leave their mark on the world of soccer!

STAFF:
Original story: Muneyuki Kaneshiro Manga: Yusuke Nomura (serialized in Kodansha’s “Weekly Shonen Magazine”)

General Director: Yuji Haibara
Director: Shintaro Inokawa
Series Composition/Screenplay: Taku Kishimoto
Story supervisor: Muneyuki Kaneshiro
Character Design / Chief Animation Director: Kenji Tanabe
Chief Animation Director: Tomoko Mori, Sorato Shimizu
Action Director: Tadami Okimura
Chief 3D Layout Artist: Mio Sakuma
Prop and costume design: Tomoko Mori, Kaho Iida
Animation Special Effects: Akane
Color Design: Sakura Komatsu
Art Setting: Mio Sakuma
Art Director: Masakazu Miyake
Background: Creative Freaks
Director of Photography: Yasuhiro Asagi
Photography: Chiptune
3DCG Director: Tomoki Yamashita, Yuji Haibara
3DCG Chief Animator: Norimitsu Hirosawa
3DCG: Aura Studio
Special Compositor and Graphic Work: Yuji Haibara
Special Effects Processing: Kanako Yamada
Edit: Mai Hasegawa
Sound Director: Fumiyuki Go
Sound Production: Bit Groove Promotion
Music: Jun Murayama
Producers: Ryoya Arisawa, Naoya Sato, Yusuke Kawakatsu, Hiroshi Yanai
Animation Producer: Hidenori Kosuge
Animation Production: Eight Bit
Production: “BLUE LOCK” Production Committee

Music:
Opening Theme Song: “Bojaku no Charisma” by UNISON SQUARE GARDEN
Ending Theme Song: “One” by Snow Man

Cast Information
Yoichi Isagi – Kazuki Ura
Rin Itoshi – Koki Uchiyama
Meguru Bachira – Tasuku Kaito
Seishiro Nagi – Nobunaga Shimazaki
Ryusei Shidou – Yuichi Nakamura
Tabito Karasu – Makoto Furukawa
Eita OtoyaKengo Kawanishi
Kenyu Yukimiya – Takuya Eguchi
Yo Hiori – Eiji Mikami
Nijiro Nanase – Kakeru Hatano
Hyoma Chigiri – Soma Saito
Reo Mikage – Yuma Uchida
Shouei Barou – Junichi Suwabe
Ikki Niko – Natsuki Hanae
Junichi Wanima – Ryota Suzuki
Jyubei Aryu – Katsuyuki Konishi
Gin Gagamaru – Shugo Nakamura
Jingo Raichi – Yoshitsugu Matsuoka
Gurimu Igarashi – Aoi Ichikawa
Zantetsu Tsurugi – Kazuyuki Okitsu
Aoshi Tokimitsu – Shinnosuke Tachibana
Anri Teieri – Eri Yukimura
Jinpachi Ego – Hiroshi Kamiya
Sae Itoshi – Takahiro Sakurai
Oliver AikuSatoshi Hino
Shuto Sendou – Akihisa Wakayama

About BLUE LOCK:
BLUE LOCK is a TV animation series based on the popular manga of the same name, which is published in Kodansha’s “Weekly Shonen Magazine”. The BLUE LOCK manga has sold more than 40 million copies (as of August 2024) and won the 45th Kodansha Manga Award in the Juvenile Division. The first film version, “BLUE LOCK THE MOVIE -EPISODE NAGI-,” premiered in April 2024. In addition, the second season of the TV series will be broadcast from October 2024.

About Bandai Namco Filmworks Inc.
We at Bandai Namco Filmworks develop and produce film video titles. We not only distribute them through various media such as television, movie theaters and Internet streaming but also bring them to fans throughout the world by licensing and managing their copyrights, developing and marketing film video-related merchandise and other services. As a comprehensive entertainment enterprise handling the A to Z of film & video business, we continue to create “Awesome works” and make them readily available to everyone.

For more information, visit:
Official website: https://bluelock-anime-en.com/
Official X (Twitter): @BLUELOCK_PR (https://twitter.com/BLUELOCK_PR) 

Official English Account

Instagram:@blue_lock_enhttps://www.instagram.com/blue_lock_en/)X:@Blue_Lock_Enhttps://x.com/Blue_Lock_En)TikTok:@blue_lock_enhttps://www.tiktok.com/@blue_lock_en)

Additional image assets are available to download: HERE

View original content to download multimedia:https://www.prnewswire.com/news-releases/blue-lock-unveils-newest-key-visual-ahead-of-season-2-climactic-match-302294544.html

SOURCE Bandai Namco Filmworks Inc.

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Sirius Signal Announces Price Reduction on Full Line of Marine Safety Devices

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Passing Reduced Production Costs Directly to Customers

SAN DIEGO, Nov. 2, 2024 /PRNewswire-PRWeb/ — Sirius Signal, the leading innovator in marine safety distress signaling, is pleased to announce a price reduction on its full range of SOS eVDSDs (electronic visual distress signal devices). Just in time for the 2024 holiday season, Sirius Signal is passing along savings gained from its improved production efficiencies directly to its valued customers.

Just in time for the holidays, our customers can enjoy even greater value on marine safety essentials.

Starting this holiday season, boaters, retailers, dealers, and distributors will benefit from lower prices on popular SOS eVDSD models, including the C-1002, C-1003, C-1004, and the SB-3L Paddle Sports Safety Bag. This strategic move reflects Sirius Signal’s commitment to making top-tier marine safety products more accessible.

“Increased sales worldwide along with improved vertical integration have reduced costs across our entire production process,” said Anthony Covelli, CEO of Sirius Signal. “We are delighted to pass these savings directly to our customers.”

Sirius Signal has been at the forefront of marine safety since 2014 when it launched the first SOS eVDSD for boaters, offering a safer alternative to toxic marine flares while meeting USCG VDS requirements. Over the years, the company has consistently adapted to technological advancements, emphasizing superior performance, service, durability, and value. Today, Sirius Signal proudly manufactures more SOS eVDSD models worldwide than any other competitor.

“At Sirius Signal, we aim to continually improve our customer value and satisfaction, working hard to find new ways to delight customers in the boating community,” said Steven Caldero, VP of Sales. “We regularly review our costs so we are able to position our products at the most affordable price possible.”

For further details on the price reductions and product offerings, please visit https://siriussignal.com.

About Sirius Signal

Sirius Signal produces U.S. Coast Guard Transport Canada- and Australian-approved daytime and nighttime distress devices with a focus on innovation, safety, technology, effectiveness and sustainability. To learn more about purchasing Sirius Signal devices or being part of our team, visit us at www.siriussignal.com or call 888.526.0005.

Media Contact

Danielle Doyle, Sirius Signal, 1 18885260005, ddoyle@siriussignal.com, Sirius Signal

View original content:https://www.prweb.com/releases/sirius-signal-announces-price-reduction-on-full-line-of-marine-safety-devices-302293817.html

SOURCE Sirius Signal

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