Sustainability and carbon market news

Singapore has signed its eighth international carbon trading agreement under Article 6 of the Paris Agreement, this time with Thailand. The deal, announced at the Singapore Regional Business Forum in Bangkok, marks the first such partnership between...

A new government-led initiative has been launched by Singapore, the United Kingdom, and Kenya to accelerate the development of voluntary carbon markets and provide clear, cross-border standards for their use. Three young trees and three businessmen...

Singapore has released a draft guidance document aimed at bringing greater clarity and standardisation to how companies within its jurisdiction use voluntary carbon credits. The move signals a step forward in the city-state’s commitment to...

In a move that underscores growing international cooperation on environmental action, Singapore and Rwanda have signed a bilateral agreement enabling the trading of carbon credits under the framework of the Paris Agreement. The deal, formalised on 6...

Singapore is set to take a significant step in its carbon reduction strategy by purchasing its first batch of compliant carbon credits. The move aligns with its broader plan to meet Nationally Determined Contributions (NDCs) under the Paris...

Singapore has strengthened its emissions reduction targets, pledging to cut greenhouse gas emissions by 17% to 25% between 2030 and 2035. This update, submitted to the United Nations on 10 February, refines the country’s Nationally Determined...

Singapore and Malaysia have launched the Johor-Singapore Economic Zone (JS-SEZ), a landmark initiative to strengthen cooperation in key areas, including carbon credits and renewable energy. The agreement, announced on 7 January after a year of...

COP29 has become a pivotal moment for advancing global environmental cooperation, with significant progress under Article 6 of the Paris Agreement. As nearly 200 nations gather to address the urgent environmental crises, partnerships and new...

Singapore and Laos are set to strengthen their collaboration in clean energy, food security, carbon credits, and capacity building, marking the 50th anniversary of their diplomatic relations. Laos nature landscape view. AI generated picture. Laos’...

Singaporean companies can now tap into a broader pool of carbon credits to offset up to 5% of their taxable emissions, thanks to a new bilateral agreement with Ghana. This marks the second such partnership for Singapore, following a similar...