Ecobiz.asia — Singapore has opened the second stage of a selective tender to procure at least 12 million internationally transferred mitigation outcomes (ITMOs) under Article 6 of the Paris Agreement, as the city-state moves to secure carbon credits to help meet its 2030 and 2035 climate targets.
The Ministry of Trade and Industry (MTI) launched the second stage of the tender on Monday (Sept. 7, 2026), inviting pre-qualified bidders from the first stage to submit detailed proposals for high-quality Article 6 carbon credit projects.
The tender is part of a two-stage procurement process launched on Oct. 31, 2025. The first stage, covering pre-qualification, has been completed, and only tenderers that passed the pre-qualification stage are eligible to participate in the second stage.
Pre-qualified tenderers will attend a briefing on Sept. 23 before submitting their project proposals for evaluation.
According to the tender document, the procurement is intended to translate Singapore’s bilateral Article 6 Implementation Agreements into concrete mitigation projects and verified emissions reductions.
The projects are expected to meet high environmental integrity standards while delivering sustainable development benefits to host countries and local communities.
Singapore has been building a network of bilateral agreements with countries that can supply Article 6 carbon credits, including agreements that establish the authorization and corresponding adjustment mechanisms required for internationally transferred mitigation outcomes.
The procurement comes as Singapore expands its use of international carbon markets to support its climate targets.
The country previously selected four nature-based projects in Ghana, Peru and Paraguay to supply 2.175 million tonnes of carbon credits toward its 2030 climate target.
That earlier procurement followed a request for proposals launched in September 2024 by Singapore’s National Climate Change Secretariat and MTI for high-quality nature-based carbon credits.
The latest tender broadens the procurement beyond the earlier nature-based credit program and focuses on projects eligible under Article 6 of the Paris Agreement.
MTI will be renamed the Ministry of Energy and Trade and Industry (METI) effective Oct. 1, 2026. ***
