Bloomberg Tax
Feb. 7, 2023, 12:44 PM

Singapore Finalizes List of Credits to Offset Carbon Tax: ST

Sheryl Tian Tong Lee
Sheryl Tian Tong Lee
Bloomberg News

Singapore is finalizing a list of international carbon credits that can be used by companies to offset their carbon taxes, according to its minister for sustainability and the environment.

  • The list will include eligible host countries, carbon-crediting programs and methodologies, Grace Fu tells parliament on Tuesday, according to a Straits Times report
  • The government has been paying attention to media reports that question the credibility of rainforest offsets verified by Verra: Fu
  • Singapore will take these developments into account as it finalizes its criteria for international carbon credits: Fu
  • NOTE: Asia Carbon Wrap: Nature Offsets Slump on Overcrediting Claims

To ...

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