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Press Release
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23 MAY 2025
Singapore signs Implementation Agreement on carbon credits collaboration with Paraguay
Singapore signs Implementation Agreement on carbon credits collaboration with Paraguay
Singapore and Paraguay signed an Implementation Agreement on carbon credits collaboration under Article 6 of the Paris Agreement today. The Implementation Agreement was signed by Singapore’s Minister for Sustainability and the Environment and Minister-in-Charge of Trade Relations, Grace Fu, and Paraguay’s Minister of Environment and Sustainable Development, Rolando de Barros Barreto. This is Singapore’s seventh Implementation Agreement on carbon credits collaboration following agreements with Papua New Guinea, Ghana, Bhutan, Peru, Chile, and Rwanda.