Singapore exploring use of carbon credits to meet climate goals

The MTI's latest statement provides the clearest indication yet that the country intends to buy carbon credits to help it offset its emissions.
The MTI's latest statement provides the clearest indication yet that the country intends to buy carbon credits to help it offset its emissions.ST PHOTO: KUA CHEE SIONG

SINGAPORE - Singapore is considering using carbon credits to help it reduce its carbon footprint.

In response to queries from The Straits Times, a spokesman for the Ministry of Trade and Industry (MTI) said on Wednesday (Oct 20) that Singapore's priority is to reduce its emissions through encouraging industrial energy efficiency and adopting emissions reduction measures.

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