The Government of Singapore, via its National Climate Change Secretariat (NCCS), and the Integrity Council for the Voluntary Carbon Market (ICVCM) signed a Cooperation Agreement on 24 June 2026. This agreement aims to strengthen collaboration on developing credible and high-integrity carbon markets, particularly in Asia. The partnership will involve joint initiatives for capacity-building, knowledge-sharing, and collaboration on carbon market developments relevant to governments, businesses, and market participants. Both organisations will also work to advance the Coalition to Grow Carbon Markets. The move reflects efforts to build interconnected carbon markets and enhance confidence in high-integrity carbon credits.
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