Singapore to host global effort to boost transparency of carbon credit trade

Singapore is an ideal place to host the initiative, said a World Bank spokesman. ST PHOTO: KUA CHEE SIONG
New: Gift this subscriber-only story to your friends and family

SINGAPORE - The World Bank has asked Singapore to anchor an international effort that aims to make the international trade in carbon credits more transparent and trustworthy.

The Republic has accepted the invitation to work closely with the World Bank on the Climate Warehouse initiative, which aims to connect the various carbon credit registries in the world.

Already a subscriber? 

Dive deeper at $0.99/month

Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • 2-week e-paper archive so you never miss out on any topic that matters to you

Find out more about climate change and how it could affect you on the ST microsite here.