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Singapore's Carbon Markets Cooperation

Paraguay

Learn more about the Singapore-Paraguay Implementation Agreement

Last updated 17 June 2026

Singapore-Paraguay Implementation Agreement

Singapore and Paraguay signed an Implementation Agreement on carbon credits cooperation on 23 May 2025.

Implementation Agreement between Singapore and Paraguay

Annex A - Processes for the Authorisation of Mitigation Activities, and the Issuance and Transfer of ITMOs

Annex B - Terms of Reference of the Joint Committee

Annex C - Procedure for Project Participants to Resolve Disputes with Paraguay Relating to the Applications of Corresponding Adjustments

Overview of Application Process

More details of the processes to seek Article 6 authorisation of the mitigation activities and the mitigation outcomes, including required documents at each stage will be published in due course.

Joint Committee

The Joint Committee is a coordination body that oversees the administration of the Implementation Agreement.

The Singapore-Paraguay Joint Committee is co-chaired by the Director (Carbon Planning Division), National Environment Agency from Singapore and Director (Carbon Markets Direction), Ministry of Environment and Sustainable Development Ministry from Paraguay.