Singapore's National Climate Change Secretariat (NCCS) stated on March 21 that the country has signed a Memorandum of Understanding (MoU) with Indonesia on cooperation in carbon pricing, climate change, and sustainability.
On March 21, Teo Chee Hean, Singapore's Senior Minister and Coordinating Minister for National Security, and Luhut Binsar Pandjaitan, Indonesia's Coordinating Minister for Maritime Affairs and Investment, signed a MoU, following which the two nations will collaborate on four key areas, including carbon pricing and market, nature-based solutions and ecosystem-based approach, clean technology and solutions, and green and blended finance.
