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Singapore and Indonesia sign MOU on carbon credits collaboration

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© WongPartnership LLP
DISCLAIMER: This update is intended for your general information only. It is not intended to be, nor should it be, regarded as or relied upon as legal advice. Court decisions referred to herein may be subject to further appeal at the time of publication, and subsequent developments in the law, including new legislation, amendments, court decisions or practice directions, may affect the accuracy or relevance of the matters discussed. We are under no duty to update this publication to reflect any such changes in the law. You should consult a qualified legal professional before taking any action or omitting to take action in relation to matters discussed herein.
WongPartnership LLP (UEN: T08LL0003B) is a limited liability law partnership registered in Singapore under the Limited Liability Partnerships
Act 2005.
SUSTAINABILITY & RESPONSIBLE
BUSINESS
JULY 2026

Singapore and Indonesia Sign MOU on Carbon Credits
Collaboration
On 6 July 2026, the Ministry of Trade and Industry (MTI) issued a press release announcing that Singapore and Indonesia have signed a Memorandum of Understanding (MOU) for collaboration on carbon credits under Article 6 of the Paris Agreement. The parties signed the MOU during the annual Singapore-Indonesia
Leaders’ Retreat. That retreat underscored both governments’ shared commitment to further strengthen cooperation across key areas of mutual interest, including the green economy.
The MOU signals both Singapore’s and Indonesia’s commitment to work together on carbon markets that accelerate climate action. Under the MOU, Singapore and Indonesia will:
(a)
Exchange information and technical expertise on carbon markets;
(b)
Work towards an Implementation Agreement aligned with Article 6 of the Paris Agreement; and
(c)
Identify high-integrity carbon credit projects.
These projects will support both countries’ achievement of their respective Nationally Determined
Contributions (NDCs).
They will also provide tangible benefits for local and indigenous communities in Indonesia, such as job creation, income generation and environmental protection.
If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:

QUAK Fi Ling
Co-Head – Sustainability & Responsible
Business
Partner – Mergers & Acquisitions

TIONG Teck Wee
Co-Head – Sustainability & Responsible
Business
Partner – International Arbitration and
Commercial & Corporate Disputes

Rosabel NG
Head – Derivatives & Structured Products
Partner – Sustainability & Responsible
Business and Financial Services Regulatory

TIAN Sion Yoong
Partner – Financial Services Regulatory
Carbon Credits

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