Singapore and Thailand have launched an application call for carbon credit projects, the Ministry of Trade and Industry (MTI) said on Tuesday (Mar 31). Authorised projects will unlock carbon mitigation options in Thailand and advance both countries’ climate ambitions, by generating carbon credits that align with Article 6 of the Paris Agreement, MTI said. These credits may be eligible for use by Singapore-based carbon tax-liable companies to offset up to 5 per cent of their taxable emissions under Singapore’s International Carbon Credit (ICC) framework, it said. Through targeted financing, the projects will also promote sustainable development, benefiting local communities through job creation and reduced environmental pollution. The application call comes under a bilateral implementation agreement on carbon credit cooperation. https://www.businesstimes.com.sg/esg/singapore-thailand-launch-applications-carbon-credit-projects-mti (ICE SINGAPORE)

Fonte notizia: The Business Times, 31 March 2026