Rwanda and Singapore Open New Window for Carbon Market Investments

Rwanda and Singapore launch carbon market project call under Article 6 of Paris Agreement.

The Government of Rwanda, in partnership with the Government of Singapore, has launched a new call for proposals for carbon market projects, deepening cooperation under Article 6 of the Paris Agreement. On January 30, 2026, the announcement was made public through a document released by the Rwanda Environment Management Authority (REMA).

The initiative invites project developers to submit proposals for emissions-reduction activities that can generate Article 6–compliant carbon credits.

Once approved, these credits may contribute to Singapore’s climate commitments under its Nationally Determined Contribution, while simultaneously supporting Rwanda’s transition toward a low-carbon and climate-resilient economy.

Moreover, the collaboration aims to mobilise international climate finance, encourage innovation, and expand Rwanda’s participation in global carbon markets.

By focusing on transparency and environmental integrity, the partnership seeks to ensure that approved projects deliver measurable emissions reductions alongside social and economic co-benefits.

The call welcomes both technology-based and nature-based projects, allowing mitigation efforts across sectors such as energy, agriculture, forestry, and waste management.

In addition, project developers are expected to demonstrate verified reductions in greenhouse gas emissions and provide additional benefits, including job creation, biodiversity conservation, improved livelihoods, and reduced environmental pollution.

Authorised projects are expected to unlock further climate investments in Rwanda, while also delivering tangible community benefits such as access to clean energy, improved water resources, and enhanced economic opportunities.

The application and authorisation process will follow a three-stage structure, aligned with international carbon market rules under the Paris Agreement. Initially, project designs and implementation plans will be reviewed, followed by the application of corresponding adjustments to prevent double-counting of emissions reductions.

Applications will be jointly assessed by authorities from Rwanda and Singapore. Furthermore, projects must meet Singapore’s eligibility criteria for internationally transferred carbon credits, in addition to Rwanda’s national requirements.

Details on approved methodologies and carbon crediting programmes are available within the bilateral carbon market cooperation framework.

The initiative highlights the growing role of Article 6 mechanisms in international climate collaboration, as countries increasingly rely on bilateral partnerships to meet emissions targets while advancing sustainable development.

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