Asia Pacific > Singaporean tech company inks first offtake deal for REDD projects in PNG

Singaporean tech company inks first offtake deal for REDD projects in PNG

Published 18:25 on September 28, 2023  /  Last updated at 18:25 on September 28, 2023  / /  Asia Pacific, International, Nature-based, Shipping, Voluntary

A Singaporean tech company has potentially inked its first offtake deal for carbon credits as it seeks to develop over 5.3 million hectares of deforestation avoidance projects in Papua New Guinea (PNG) that are estimated to produce almost 159 million carbon credits annually, it announced Thursday.
A Singaporean tech company has potentially inked its first offtake deal for carbon credits as it seeks to develop over 5.3 million hectares of deforestation avoidance projects in Papua New Guinea (PNG) that are estimated to produce almost 159 million carbon credits annually, it announced Thursday.


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