Verra, the world’s leading standards setter for climate action and sustainable development, has announced its membership in the Singapore Sustainable Finance Association (SSFA), marking a pivotal milestone in its commitment to promoting climate action across Southeast Asia. The SSFA, established to establish Singapore as a trusted and inclusive hub for sustainable finance, unites stakeholders from financial and real economy sectors to address the region’s sustainability challenges.
By joining the SSFA, Verra aims to contribute its expertise, championing integrity, transparency, and impact in carbon markets. The organisation is poised to gain valuable industry insights and foster collaborations that will bolster the region’s efforts to combat climate change and protect biodiversity.
“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,” said Angelo Sartori, Senior Director for Regional Engagement at Verra.
The SSFA focuses on developing and promoting best practices, facilitating cross-sector collaboration, and supporting sustainable economic growth, while positioning Singapore as a global leader in sustainable finance.
Verra’s involvement will initially target three of the association’s priority workstreams: carbon markets, transition finance, and natural capital and biodiversity.