Verra, the global leader in setting standards for climate action and sustainable development, has joined the SSFA.
This strategic move underscores Verra’s commitment to enhancing climate initiatives across Southeast Asia. The SSFA, a pivotal platform in Singapore, collaborates with various stakeholders from the financial and real economy sectors to spearhead sustainability efforts in the region.
By aligning with the SSFA, Verra aims to leverage its extensive experience to enrich discussions on carbon markets, transition finance, and natural capital and biodiversity—three of the association’s focal workstreams. This partnership is set to facilitate a deeper engagement with key regional players, thereby strengthening the frameworks for carbon markets and supporting Southeast Asia’s shift towards a low-carbon economy.
Senior Director for Regional Engagement at Verra, Angelo Sartori, highlighted the critical role of Southeast Asia and Singapore in the global sustainability landscape. “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,” Sartori said.
The SSFA’s commitment to fostering best practices, encouraging cross-sector collaboration, and facilitating sustainable economic growth positions Singapore as a significant thought leader in global sustainable finance. Through this membership, Verra anticipates gaining valuable industry insights and exploring new partnerships that bolster regional efforts to tackle climate change and preserve biodiversity.
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