Application Process

There are 3 stages to generate Internationally Transferrable Mitigation Outcomes (ITMOs) under the Singapore-Bhutan Implementation Agreement (IA).

Stage A – Submission of Proposed Mitigation Activity

The Project Applicant submits the completed Singapore-Bhutan Mitigation Activity Note of Intent (in English) to the Joint Committee.

If the Mitigation Activity Note of Intent is accepted by both countries, the Joint Committee will forward to the Project Applicant the Letter of Support and Letter of Intent from Singapore and Bhutan respectively. These letters may specify the conditions that the Project Applicant should meet in designing the proposed Mitigation Activity.

If the Mitigation Activity Note of Intent is not accepted, the Project Applicant will be informed, along with any reasons for the non-acceptance (if relevant).

The LOS and LOI will have a validity period of 2 years. Should the Authorisation Application Form not be submitted during the validity period of the Letters, the Project Applicant would be required to reapply at Stage A of the application process.

Documents to be submitted

Singapore-Bhutan Mitigation Activity Note of Intent
Certification of incorporation or registration / business license / prior approval from Competent Authorities
Notice of assessment for corporate tax

Singapore and Bhutan may request for the submission of other relevant documents not listed above.

Stage B – Authorisation of Proposed Mitigation Activity

The Project Applicant submits the completed Singapore-Bhutan Authorisation Application Form (in English) to the Joint Committee.

If the Request for Authorisation is accepted by both countries, the Joint Committee will:

Forward to the Project Applicant the Letters of Authorisation issued by Singapore and Bhutan respectively
Enter the Mitigation Activity into the Project Register; and
Issue a Joint Statement of Authorisation to the Project Applicant, and publish it online.

The Project Applicant may then proceed with the registration of the Mitigation Activity with the carbon crediting programme specified in the Letters of Authorisation and inform the Joint Committee of the successful registration. The Project Applicant may then proceed with the implementation of the project.

If the proposed Mitigation Activity is not authorised, the Project Applicant will be informed, along with any reasons for the non-acceptance (if relevant).

Documents to be submitted

Singapore-Bhutan Authorisation Application Form
Validated Project Design Document
Validation Report in accordance with the requirements of the carbon crediting programme
(If applicable) Environmental Clearance
(If applicable) Valid Land Lease Agreement / purchase agreement / Land User Certificate
Letter of Intent issued by the Bhutan Government
[If Relevant] Offer to the Singapore Government for purchase of ITMOs arising from this Mitigation Activity that are authorised under this Implementation Agreement

Singapore and Bhutan may request for the submission of other relevant documents not listed above.

Stage C – ITMOs Issuance Authorisation

The Project Applicant submits the completed Singapore-Bhutan ITMO Issuance Application Form (in English) to the Joint Committee.

If the ITMO Issuance Application Form is accepted by both countries, the Joint Committee will forward to the Project Applicant the Letter of Positive Examination issued by Bhutan.

If the proposed ITMO issuance is not authorised, the project applicant will be informed, along with any reasons for the non-acceptance (if relevant).

Documents to be submitted

Singapore-Bhutan ITMO Issuance Application Form
Proof of Issuance from Carbon Crediting Programme with accompanying verification report
Proof of transfer in compliance with Bhutan’s requirements
Other supporting documents as required in the form

Singapore and Bhutan may request for the submission of other relevant documents not listed above