News

Energy & Offshore

Staff Reporter

, Singapore

Published:

4 months ago

500 views

Permanent Secretary of the Ministry for Sustainability and the Environment Stanley Loh and Vice Minister of Strategic Affairs of the Ministry of Environment and Energy Carlos Isaac Pérez signed a Memorandum of Understanding between Singapore and Costa Rica to collaborate on carbon credits under Article 6 of the Paris Agreement on the sidelines of COP28. (Photo from COP28 Singapore Pavilion)

SG, Costa Rica to collaborate on carbon credits

The parties will identify mutually beneficial Article 6-compliant carbon credit projects.

Costa Rica has joined Singapore’s roster of partners on carbon credits aligned with Article 6.2 of the Paris Agreement and related carbon market initiatives.

The memorandum of understanding (MOU) inked by the parties provides that Singapore and Costa Rica will exchange best practices and knowledge on carbon market mechanisms.

The parties will also identify mutually beneficial Article 6-compliant carbon credit projects that will support both countries in achieving their Nationally Determined Contributions (NDCs).

Follow the link for more news on

decarbonisation journey

Also Read

Seatrium, Shell partner on Floating Production Systems

Seatrium awards crane contract to Norway's Motus

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit