🇸🇬Singapore Carbon Regulations

Singapore Carbon Compliance Hub

Carbon Pricing Act, CCS tax trajectory, Article 6 credits, CIX exchange, and SGX sustainability reporting — all in one place.

Singapore Carbon Tax (CCS) — Price Trajectory

Carbon Pricing Act · NEA Administered · Facilities ≥25,000 tCO₂e/year

2019–23
S$5/t
Launch
2024–25
S$25/t
3× increase
2026–27
S$45/t
Current
2030+
S$50–80/t
Target

Facilities emitting ≥25,000 tCO₂e/year must pay the carbon tax under the Carbon Pricing Act. Up to 5% of liability can be offset using International Carbon Credits (ICCs) — Article 6 credits from Singapore's bilateral agreements.

Article 6 International Carbon Credits (ICCs)

Active · Bilateral Implementation Agreements (BIAs)

Singapore has signed Bilateral Implementation Agreements with multiple countries to create Article 6.2 internationally transferred mitigation outcomes (ITMOs). These credits can be used to offset CCS liability.

Current BIA partners: Ghana, Vietnam, Papua New Guinea, Bhutan, Indonesia, Kenya, Laos, Morocco, Mongolia, Peru, Philippines, Rwanda, Senegal, Sri Lanka, Thailand.
Who qualifies?

Taxable facilities (≥25,000 tCO₂e/year) may use ICCs to offset up to 5% of their carbon tax liability. Eligible credits must be issued from projects with prior host-country authorisation and no double-counting.

CIX Exchange

The Climate Impact X (CIX) exchange in Singapore facilitates voluntary carbon credit trading for the Asian market — part of the Singapore government's strategy to become a carbon trading hub.

SGX Sustainability Reporting

Mandatory · All SGX-listed companies

SGX requires all listed companies to publish an annual sustainability report. Climate-related disclosures aligned with TCFD are mandatory from 2023 for large-cap companies, and phased in for others.

TCFD disclosuresMandatory from FY2023
Scope 1 & 2 reportingMandatory
Scope 3 reportingEncouraged (phased)
External assuranceRequired (large cap)

Manage Singapore carbon obligations

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