RWANDA AND SINGAPORE SIGN IMPLEMENTATION AGREEMENT ON CARBON CREDITS COLLABORATION
Rwanda and Singapore signed an implementation agreement pursuant to Article 6 of the Paris Agreement, marking a significant milestone in bilateral climate cooperation and Rwanda’s carbon market framework implementation.
The signing took place on the sidelines of Ecosperity Week 2025 in Singapore, an annual conference that brings together key decision-makers from both the public and private sectors with a shared vision to build a vibrant ecosystem that could accelerate climate action and promote a just transition.
The agreement establishes a framework for Rwanda and Singapore to work together by trading high-quality carbon credits. It underscores the commitment to cutting down emissions while attracting investment, encouraging innovation, and supporting sustainable development.
Rwanda's Minister of Environment, Dr. Valentine Uwamariya, highlighted the importance of fair and results-driven climate partnerships and reaffirmed Rwanda’s commitment to working with Singapore to promote high-integrity carbon markets, reduce emissions, and support sustainable development.
The Rwanda–Singapore implementation agreement stands as a leading example of South–South cooperation in putting Article 6 of the Paris Agreement into practice, embodying a shared commitment to climate ambition through action, equity, and sustainable development.
Singapore’s Minister Grace Fu expressed hope that the agreement would enable companies to develop quality carbon credit projects under Article 6 of the Paris Agreement, accelerating global climate action.
This bilateral cooperation not only supports Singapore’s efforts to meet its climate targets through credible, verified offsets but also unlocks investment, innovation, and green jobs in Rwanda. It reinforces both countries’ Nationally Determined Contributions (NDCs) under the Paris Agreement.
Rwanda and Singapore will now focus on implementing the agreement through high-quality carbon credit projects that deliver real climate and development benefits. A joint working group will guide this collaboration, with a focus on environmental integrity, innovation, and private sector engagement.