This agreement creates a framework for collaboration between Rwanda and Singapore through the transfer of high-quality carbon credits, demonstrating a shared commitment to reducing emissions, attracting investment, innovation, and promoting sustainable development.

By invitation of the Rwandan Government, DelAgua’s Chief Financial Officer, Rory McDougall and Head of Government Relations, Monica Keza attended a launch event today at Ecosperity Week where details of the implementation were discussed by delegates from across governments and private sector.

On the agreement Monica Keza said “We welcome the signing of this Implementation Agreement as it shows commitment to the sector and Article 6. By supporting high-integrity projects like DelAgua’s, this agreement will play a vital role in unlocking future investment and carbon credit sales, allowing us to scale our impact further, cut emissions and improve the lives of even more people across Rwanda.”

D^r Valentine Uwamariya said “Rwanda is committed to deepening technical cooperation with Singapore to harness the potential of carbon markets as an effective tool for climate action. Through this Agreement, we aim to promote high-integrity carbon markets, achieve tangible emissions reductions, and support sustainable development for our communities. It also paves the way for stronger public-private partnerships to collectively address the global challenge of climate change.”

Singapore’s Minister Grace Fu expressed hope that the agreement would enable companies to develop high quality carbon credit projects under Article 6 of the Paris Agreement, accelerating global climate action.

DelAgua’s Tubeho Neza Rwanda project pioneered carbon financing to deliver impact at scale and to date has provided 1.5 million improved cookstoves, benefiting 6 million people and providing jobs for many Rwandans.