NTU Singapore, Enterprise Singapore (EnterpriseSG) and Singapore Economic Development Board 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.
Announced by Deputy Prime Minister Gan Kim Yong at the Financial Times Commodities Asia Summit 2024, CMAS is Singapore's first academy to help companies build capabilities and capture carbon market opportunities.
CMAS, EnterpriseSG and EDB will partner with various research centres and institutes within NTU and industry partners to develop Continuing Education and Training and postgraduate programmes to equip professionals with capabilities to take on new and emerging roles in carbon markets.
It will offer programmes in carbon trading and related services such as carbon project development, monitoring reporting and verification, and environmental, social and governance (ESG) assurance and certification.
CMAS' first programme, the Executive Certificate in Carbon Markets, will be jointly delivered by NTU's Nanyang Business School and Asian School of the Environment.