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
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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.

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