Carbon credit developer Anew Climate has appointed Bhagyesh Dash as Senior Vice President, International Compliance Carbon, expanding its operational presence across international compliance markets and regional carbon hubs.
Based in Anew’s Singapore office, Dash will lead the origination and transaction structuring of compliance carbon assets, focusing on the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), Article 6 mechanisms under the Paris Agreement, and emerging national emissions trading schemes.
The executive appointment comes as global carbon markets transition from voluntary frameworks toward regulated compliance structures. The expansion aligns with Singapore’s development as an international carbon trading hub, driven by rising domestic carbon taxes and regional demand for authorized, high-integrity offsets ahead of CORSIA’s next implementation phase in 2027.
Key strategic priorities for the expansion include:
- Cross-border authorization: Structuring carbon offset transactions that meet corresponding adjustment requirements under Article 6 guidelines.
- Compliance supply origination: Expanding access to authorized nature-based and technology-based carbon removals, alongside low-carbon maritime fuel attributes for institutional buyers.
- Regional market penetration: Leveraging Singapore’s regulatory infrastructure to scale compliance credit origination across Asia-Pacific and emerging markets.
Dash brings more than 25 years of climate finance and commodities experience to the role, joining Anew from environmental project developer South Pole, where he led Middle East market development and structured commodity transactions for sovereign and corporate clients.
Josh Strauss, President of Environmental Products at Anew Climate, stated that as compliance market eligibility rules tighten, securing pre-authorized credit supply is becoming essential for international buyers.
Bhagyesh Dash added that establishing robust host-country authorization and corresponding adjustment mechanisms will dictate supply availability across compliance markets over the coming decade.
