Bangladesh and Singapore signed a memorandum of understanding on carbon market cooperation under Article 6 of the Paris Agreement. The deal was announced at COP31 in Antalya, Turkiye, and covers information sharing on carbon credits and joint work on greenhouse gas emission reduction projects. The MoU is part of a broader push to channel climate finance into Bangladesh's low-carbon transition. Under Article 6, countries can trade emissions reductions to help meet national climate targets. The agreement does not specify project types or volumes, but it opens a formal channel for future carbon credit deals between the two governments.
