EDB, ESG to study how Singapore can be a carbon service hub

Economic opportunities may be reaped from growth of carbon markets globally

Carbon services help companies and governments in their efforts to reduce and manage emissions. PHOTO: ST FILE
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With more nations and companies paying attention to climate change and sustainability, there may be economic opportunities to be reaped in providing carbon services - an area that Singapore is studying.

Enterprise Singapore (ESG) and the Economic Development Board (EDB) recently called a tender for a study to see how Singapore can be developed as a carbon service hub.

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A version of this article appeared in the print edition of The Straits Times on September 25, 2020, with the headline EDB, ESG to study how Singapore can be a carbon service hub. Subscribe