Overview
Singapore and Papua New Guinea substantively concluded negotiations on an Implementation Agreement on carbon credits cooperation on 8 December 2023.
A detailed overview of the process to seek Article 6 authorisation of the mitigation activities and the mitigation outcomes, including required documents at each stage, is outlined in the chart below. More details can be found in Annex B and the Processes section.
Joint Committee
The Joint Committee is a coordination body that oversees the administration of the Implementation Agreement and ensures the proper and the smooth implementation of the Implementation Agreement.
The Singapore-Papua New Guinea Joint Committee is co-chaired by:
Singapore | Papua New Guinea |
Director-General, National Climate Change Secretariat | Managing Director, Climate Change Development Authority |
The Joint Committee’s role includes:
Provide decision-making recommendations to the countries for topics such as guidance on processes, environmental integrity, share of proceeds and registry arrangements
Establish rules and guidelines for project proponents to ease participation
Review the IA and its annexes as required
Consider potential cooperation areas
Facilitate information exchange
Discuss any questions and perform other functions related to the IA
More details can be found in Article 6 of the Implementation Agreement and Annex C (Terms of Reference of the Joint Committee)