Carbon credit deals boost Singapore’s hub status: Analysts

Singapore set a climate target in October of reaching net zero emissions by 2050. PHOTO: ST FILE
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Singapore’s moves at the latest United Nations climate talks are helping it to cement its position as a carbon services hub and meet its climate targets, analysts said.

During the COP27 climate summit in November, Singapore signed or concluded negotiations on a number of partnerships with countries including Ghana, Papua New Guinea and Japan to collaborate on carbon credits.

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