New Global Carbon Exchange to be Established in Singapore

2021-05-21 12:40:00

According to Reuters, DBS Bank, Standard Chartered Bank, Singapore Exchange, and Singapore state-owned investor Temasek Holdings are joining forces to develop a global exchange and marketplace for high-quality carbon emissions.

The proposed Singapore Exchange and Marketplace Climate Impact X, a joint venture of the four companies, is expected to be launched by the end of 2021, executives from the companies said in a news release.

DBS Bank Standard Chartered Bank Global Carbon Exchange Singapore

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