Project Development and Application

No. Projects must use carbon credit programmes and methodologies listed on the eligibility list at the point of submission.

Singapore takes reference from reputable international standards such as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) in the development of the EL.

 Please note that the EL differs by host country as accepted methodologies would have to fulfill the requirements of the host countries. 

This approach allows Singapore to tap on Carbon Crediting Programmes’ (CCPs) capabilities in ensuring that ICCs are robustly validated, verified, issued and retired. It also enables faster time-to-market given that the methodologies are already published, and streamlines the registration process given industry’s familiarity.

The EL is reviewed regularly to maintain relevance and uphold the required environmental integrity standards. Updates will be made to the relevant pages whenever available.

Yes, existing projects that have already been implemented may still be considered for authorisation, provided they meet both countries’ applicable domestic laws, regulations and administrative framework.

Only carbon credits generated in countries where Singapore has an Implementation Agreement can be authorised and transferred as Internationally Transferable Mitigation Outcomes (ITMOs), in compliance with Article 6 of the Paris Agreement.

Singapore is actively engaging partner countries to sign and effect Implementation Agreements on carbon credit collaboration.