Singapore Names Three Carbon-Rating Firms to Enhance Integrity of International Carbon Credits

Singapore’s National Environment Agency (NEA) has appointed three firms—BeZero Carbon Ltd, Calyx Global, Inc, and Sylvera Ltd—to provide independent assessments of carbon-credit methodologies and projects under its International Carbon Credit (ICC) Framework. This supports the ICC Framework, allowing companies to offset up to 5% of taxable emissions using eligible credits from 2024. The ratings panel will enhance governance and integrity in cross-border carbon credits, reinforcing investor confidence and Singapore’s leadership in Article 6 markets. This initiative highlights Singapore’s commitment to rigorous oversight and global carbon market governance.
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