Sylvera + Singapore: Building a Hub for Carbon Trading in the Region - 02 Dec 2023

Article 6.2 of the Paris Agreement creates the basis for parties to cooperate through market mechanisms to achieve their goals under the agreement, creating the transfer of carbon credits across countries. Singapore is one of the first entering into cooperation agreements. 

Sylvera will be supporting the Singapore Government to be able to identify high-quality carbon credits to use towards its goals under the Paris Agreement. The first of its kind, Singapore’s approach has the potential to set a precedent on environmental integrity in carbon markets.