Green and Transition Solutions: Carbon Markets Incentive Scheme

Carbon Markets Incentive Scheme

As part of Singapore’s efforts to grow a trusted and vibrant carbon market ecosystem that can mobilise financing for climate action, the Monetary Authority of Singapore (MAS) launched the Carbon Market Incentive Scheme in 2025, to support financial institutions to grow their carbon market capabilities and activities.

The scheme provides targeted grant support to grow financial institutions’ expertise in originating, underwriting, and trading carbon credits, as well as developing financing solutions, risk management tools, and other market solutions to scale high integrity carbon markets.

The scheme will support financial institutions to grow their carbon market capabilities and activities.