Going green is a national agenda in Singapore as well as globally, and you might have come across discussions about carbon emissions and climate change in your daily news and media consumption. However, many of us, as individuals or small to medium-sized enterprises (SMEs), lack the knowledge to understand and measure our carbon footprint.
The global adoption of renewable energy is supported by Renewable Energy Certificates (RECs), which incentivise clean energy production and reduce emissions. However, traditional REC trading and management processes face inefficiencies. Tokenisation and blockchain-based marketplaces help to address these challenges. This article explores the benefits of RECs, the advantages of tokenising them, and how InterOpera's issuance engine is transforming the sector through a digital platform.
In November 2022, InterOpera's wholly-owned subsidiary, Shareable Assets, successfully carried out a groundbreaking pilot project focused on the tokenisation of a supranational bond. The project aimed to streamline and operationalise the bond tokenisation and offer process for individual investors in Singapore, with participants accessing the bond through a user-friendly mobile SaaS solution.