Singapore to upskill 300 professionals to support carbon services and trading sector growth

This aims to train and upskill 300 professionals by 2027 to support the growth of Singapore’s carbon services and trading sector.

Enterprise Singapore (EnterpriseSG), Singapore Economic Development Board (EDB), and Nanyang Technological University, Singapore (NTU Singapore) have launched the Carbon Markets Academy of Singapore (CMAS) to train and upskill 300 professionals by 2027 to support the growth of Singapore’s carbon services and trading sector.

“The Carbon Markets Academy of Singapore will enhance our carbon ecosystem and support companies with the necessary talent to diversify their business activities and develop new capabilities in carbon trading and other low-carbon solutions,” said Lee Pak Sing, assistant managing director for trade and connectivity at Enterprise Singapore.

The CMAS will partner with EnterpriseSG, EDB, various research centres and institutes within NTU, and industry partners to develop continuing education and training (CET) and postgraduate programmes to equip professionals with capabilities to take on new and emerging roles in carbon markets.

These include roles in carbon trading and related services such as carbon project development, monitoring reporting and verification (MRV), and environmental, social, and governance (ESG) assurance and certification.

The CMAS’ first programme, the Executive Certificate in Carbon Markets, will be jointly delivered by NTU’s Nanyang Business School (NBS) and Asian School of Environment (ASE).

The CMAS will also serve as a thought leadership platform to promote the exchange of insights among academics, industry practitioners, and policymakers in the region.

For instance, it will work with industry partners to develop Asia-focused research and real-world case studies.

The programme is open for enrolment, and its first intake will commence in January 2025.