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Press Release
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21 NOV 2024
Conclusion of Substantive Negotiation on IA with Peru
Conclusion of Substantive Negotiation on IA with Peru
Singapore and Peru have substantively concluded negotiations on an Implementation Agreement on carbon credits cooperation, aligned with Article 6 of the Paris Agreement.
The collaboration is aimed at unlocking additional mitigation activities and scaling impactful climate solutions to advance both countries’ climate ambitions. A framework for the generation and international transfer of Article 6-compliant carbon credits is established under the agreement.
Click here for full press release.
MINISTRY OF TRADE AND INDUSTRY
21 NOVEMBER 2024