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Friday, March 29, 2024

Singapore’s STACS partners Thailand Greenhouse Gas Management Organization for carbon credit market




Singapore’s environmental, social, and governance ESG fintech STACS has partnered Thailand Greenhouse Gas Management Organization (TGO) to bring greater transparency to the carbon credits market in Thailand.

Both parties said in a statement on Tuesday that the partnership centres around the usage of STACS’s ESGpedia digital registry platform, which powers the Monetary Authority of Singapore’s (MAS) Greenprint ESG Registry.

TGO is the official implementing agency on greenhouse gas (GHG) emission reduction in Thailand, managing and expediting the development and implementation of GHG reduction projects and climate action.

TGO has developed Thailand Voluntary Emission Reduction Program (T-VER), which is a national standard carbon crediting mechanism to promote and support all sectors to voluntarily participate in GHG emission reduction.

As a local issuer of the…

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