- Regional Carbon Market Development: Verra will leverage its expertise to promote integrity and impact in Southeast Asia’s carbon markets.
- Focus on Transition Finance and Biodiversity: Initial efforts will prioritize carbon markets, transition finance, and natural capital preservation.
- Supporting a Low-Carbon Economy: Verra’s membership underscores its commitment to fostering sustainable finance and climate resilience in the region.
Verra, the global leader in climate action and sustainable development standards, has joined the Singapore Sustainable Finance Association (SSFA) to advance climate initiatives in Southeast Asia. This partnership aligns Verra’s mission with SSFA’s goal of positioning Singapore as a leading hub for sustainable finance and economic growth.
Angelo Sartori, Senior Director for Regional Engagement at Verra, stated: “Southeast Asia’s role in driving sustainable finance and climate solutions is critical, and Singapore is at the heart of this transformation. Joining the SSFA allows Verra to deepen its engagement with key stakeholders, strengthen carbon markets, and support the region’s transition to a low-carbon economy.”
Collaboration for Impact
Through this partnership, Verra will:
- Share expertise to promote integrity and transparency in carbon markets.
- Collaborate on SSFA’s workstreams, including transition finance and biodiversity.
- Advocate for sustainable practices across financial and economic sectors.
The SSFA focuses on best practices, cross-sector collaboration, and sustainable growth, positioning Singapore as a global leader in sustainable finance.
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Strengthening Climate Action
As a mission-driven nonprofit, Verra provides robust standards, tools, and programs to reduce greenhouse gas emissions, protect biodiversity, and improve livelihoods. This partnership enhances Verra’s ability to address sustainability challenges in one of the world’s most climate-vulnerable regions.
Verra’s collaboration with SSFA marks a significant step in accelerating climate action and fostering sustainable development. By aligning with key regional priorities, Verra reinforces its commitment to supporting Southeast Asia’s transition to a resilient and low-carbon economy.
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