List of eligible international carbon credits for carbon tax offsets in Singapore to be released in 2023: Grace Fu
SINGAPORE - A list of acceptable international carbon credits that are eligible to offset Singapore companies’ taxable carbon emissions will be published later this year, said Minister for Sustainability and the Environment Grace Fu in Parliament on Tuesday.
The MOUs would pave the way for Singapore companies to use Gold Standard and Verra international carbon credits to offset their taxable emissions – subject to the credits meeting the Government’s criteria. The saved emissions can then be purchased by a company – in the form of carbon credits – to be applied to its own carbon-reduction targets.
“We take all scrutiny of carbon markets and projects seriously and are committed to ensuring that carbon credits uphold high environmental integrity standards.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New office cum retail development with public garden to open in the CBD in Q3 2023SINGAPORE – The Central Business District (CBD) will get a new public garden in the third quarter of 2023, when IOI Central Boulevard Towers, a mixed-use development, is opened. Read more at straitstimes.com.
Read more »
DPM Lawrence Wong to deliver Budget 2023 statement at 3.30pm on Feb 14SINGAPORE: The 2023 Budget statement will be delivered by Deputy Prime Minister and Minister for Finance Lawrence Wong in Parliament on Feb 14 at 3.30pm. The Budget statement will be broadcast live on Channel 5, CNA, CNA938, Capital 958, CNA website, CNA YouTube, CNA Facebook, 8 World News, 8 Wo
Read more »
DPM Lawrence Wong to deliver Budget 2023 statement at 3.30pm on Feb 14SINGAPORE — The 2023 Budget statement will be delivered by Deputy Prime Minister and Minister for Finance Lawrence Wong in Parliament on Feb 14 at 3.30pm.
Read more »
Supermarkets to charge for carrier bags from mid-2023From mid-2023, shoppers at most supermarkets will need to pay at least five cents for each disposable carrier bag. Two-thirds of all supermarket outlets in Singapore – including NTUC FairPrice, Cold Storage, Giant, Sheng Siong and Prime – will impose the charge on all...
Read more »
Stuff To Watch This Week (Feb 6-12, 2023)The cast of the 1989 serial Good Morning, Sir! reunite!
Read more »
China warns of more extreme weather in 2023China's regions have been warned to prepare for more extreme weather this year after record-breaking temperatures and a
Read more »