Overview

Singapore and Bhutan signed an Implementation Agreement on carbon credits cooperation on 28 February 2025. A copy of the signed agreement can be found below.

Implementation Agreement between Singapore and Bhutan
Annex A - Pre-approved List of Carbon Crediting Programmes and Methodologies	Annex B - Processes for the Authorisation of Mitigation Activities, and the Issuance and Transfer of ITMOs
Annex C - Terms of Reference of the Joint Committee	Annex D - Procedure for Project Participants to Resolve Disputes with Bhutan Relating to the Applications of Corresponding Adjustments

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-Bhutan Joint Committee is co-chaired by:

Singapore	Bhutan
Director (Carbon Planning Division), National Environment Agency	Director, Department of Environment and Climate Change