Singapore and the Philippines signed a Memorandum of Understanding (MOU) to collaborate on carbon credits aligned with Article 6 of the Paris Agreement today. The MOU was signed by Minister of Sustainability and the Environment and Minister-in-Charge of Trade Relations, Grace Fu and Philippines Secretary of the Department of Environment and Natural Resources, Maria Antonia Yulo-Loyzaga, and witnessed by President Tharman Shanmugaratnam and Philippine President Ferdinand Marcos Jr. during President Tharman’s State Visit to the Philippines.

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MINISTRY OF TRADE AND INDUSTRY
15 AUGUST 2024