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Home / News / Singapore and Malawi Advance Carbon Market Cooperation Under Article 6 Agreement

Singapore and Malawi Advance Carbon Market Cooperation Under Article 6 Agreement

Singapore and Malawi have taken a significant step forward in bilateral climate cooperation by signing a new implementation agreement under Article 6 of the Paris Agreement. The partnership aims to accelerate the development of high-integrity carbon credits while supporting sustainable development efforts in Malawi.

The agreement establishes the framework for generating internationally transferred mitigation outcomes (ITMOs) from eligible climate-positive projects in Malawi—ranging from renewable energy and clean cooking initiatives to nature-based solutions. These credits may be transferred to Singapore to help the nation meet part of its climate commitments, while enabling Malawi to access climate finance and drive community-level impact.

Singapore’s Ministry of Sustainability and the Environment emphasized that the collaboration will adhere to strict transparency, environmental integrity, and monitoring standards. This includes safeguards to prevent double counting, promote sustainable development benefits, and ensure long-term climate impact.

For Malawi, the deal represents a major opportunity to unlock investment, enhance local livelihoods, and advance national climate priorities. The initiative also underscores Singapore’s continued role as a global hub for high-quality carbon markets and its commitment to building trustworthy, Article 6-aligned ecosystem partnerships.

While experts highlight the importance of rigorous implementation to maintain credibility in global carbon markets, the agreement marks a meaningful move toward practical, high-integrity climate cooperation—strengthening cross-border action in line with Paris Agreement goals.

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