On 18 December 2025, the Ministry of Trade and Industry (“MTI“) announced that Singapore and Brazil had signed a Memorandum of Understanding (“MOU“) to establish a Partnership for Climate Action in line with the Paris Agreement. The MOU was signed in the context of the 2025 Conference of Parties of the United Nations Framework Convention on Climate Change (COP30).
Under the MOU, Singapore and Brazil will:
- cooperate on climate action, including the exchange of best practices and knowledge, and cooperation on Article 6 of the Paris Agreement;
- endeavour to sign a legally binding Implementation Agreement that sets out a bilateral framework for the international transfer of correspondingly adjusted carbon credits; and
- explore collaboration in the voluntary carbon market and other areas to accelerate climate action and thereby support Singapore and Brazil in achieving their climate targets while strengthening global climate ambition.
Singapore has signed similar MOUs with other countries such as Cambodia, Colombia, Costa Rica, Dominican Republic, Fiji, Kenya, Laos, Malaysia, Malawi, Morocco, the Philippines, Senegal, Sri Lanka, and Zambia.
Singapore has also progressed to sign legally binding Implementation Agreements with 10 countries: Bhutan, Chile, Ghana, Mongolia, Papua New Guinea, Paraguay, Peru, Rwanda, Thailand, and Vietnam.
Click on the following link for more information:
- MTI Press Release titled “Singapore and Brazil sign Memorandum of Understanding to establish a Partnership for Climate Action” (available on the MTI website at www.mti.gov.sg)
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