Singapore and Ethiopia sign MOU on carbon credits collaboration

18 December 2025

On 24 November 2025, the Ministry of Trade and Industry (“MTI”) announced that Singapore and Ethiopia have signed a Memorandum of Understanding (“MOU”) to collaborate on carbon credits.

Under the MOU, both countries will explore cooperation in carbon markets, including the exchange of best practices and knowledge on carbon market mechanisms, as well as future collaboration on initiatives to support the development of high-integrity carbon markets, including the cooperative approaches referred to in Article 6 of the Paris Agreement.

Reference materials

The press release is available on the relevant webpage on the MTI website www.mti.gov.sg.