DNZ participates in Singapore's first carbon credit tender

DNZ ClimateTech is glad to announce our active participation in Singapore’s inaugural Article 6-aligned carbon credit tender, a significant step in the nation’s pursuit of net-zero emissions.

We submitted a competitive bid to supply 5 million tonnes of high-integrity, nature-based carbon credits, averaging S$40 per tonne, with a total bid value of S$200 million. This positioned DNZ as one of the top three bidders among 17 global participants, underscoring our commitment to advancing sustainable solutions.

The tender, organized by Singapore Prime Minister’s Office Strategy Group, attracted over S$1.3 billion in bids. It focused on procuring Article 6-compliant, nature-based carbon credits that ensure environmental integrity and support sustainable development.

At DNZ, we specialize in navigating the complexities of carbon markets, offering end-to-end solutions from project implementation to carbon credit generation and trading. Our expertise ensures that our clients & investors can effectively participate in carbon markets and achieve their sustainability goals.

Reference :

https://www.businesstimes.com.sg/esg/singapores-carbon-credit-tender-receives-bids-totalling-more-s1-3-billion

https://www.straitstimes.com/singapore/spore-looking-to-buy-nature-based-carbon-offsets-as-part-of-effort-to-meet-2030-climate-target