Rwanda and Singapore Launch Call for High-Quality Carbon Credit Projects Under Paris Agreement
Rwanda and Singapore have launched a call for proposals for high-quality carbon credit projects under their Implementation Agreement, in line with Article 6 of the Paris Agreement. This initiative aims to attract climate finance for Rwanda, support low-emission development, and create economic opportunities while contributing to global climate goals. Project developers are invited to submit applications for carbon mitigation activities that focus on measurable emission reductions and sustainable development benefits.
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Rwanda and Singapore have announced a call for proposals for high-quality carbon credit projects under their Implementation Agreement, aligned with Article 6 of the Paris Agreement. This initiative invites project developers to submit applications for carbon mitigation activities that generate Article 6 compliant carbon credits, aiding Singapore's Nationally Determined Contribution (NDC).
The collaboration aims to attract climate finance for Rwanda, support low-emission development, and create economic opportunities while contributing to global climate goals. Projects can be technology-based or nature-based, focusing on measurable greenhouse gas emission reductions and sustainable development benefits.
The authorisation process involves three stages: design and implementation details, and adjustments for generated carbon credits. The initiative seeks to enhance local communities through job creation and improved energy security.
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