Singapore and Bhutan signed an Implementation Agreement on carbon credits cooperation under Article 6 of the Paris Agreement today. The Implementation Agreement was signed between Singapore’s Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations Grace Fu and Bhutan’s Minister of Energy and Natural Resources Gem Tshering, during the latter’s visit to Singapore. This marks Singapore’s first Implementation Agreement with a carbon-negative country, reinforcing both nations’ commitment to global climate action.

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MINISTRY OF TRADE AND INDUSTRY
28 FEBRUARY 2025