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Press Release
|
16 SEP 2025
Singapore will contract high-quality nature-based carbon credits from four projects in Ghana, Paraguay and Peru
Singapore will contract high-quality nature-based carbon credits from four projects in Ghana, Paraguay and Peru
The National Climate Change Secretariat (NCCS) and the Ministry of Trade and Industry (MTI) will contract 2.175 million tonnes worth of high-quality nature-based carbon credits from four projects in Ghana, Peru, and Paraguay. This award is the result of a request for proposal (RFP) launched in September 2024 for nature-based carbon credits to meet Singapore’s 2030 Nationally Determined Contribution (NDC) under the Paris Agreement.