National Climate Change Secretariat, Singapore

What National Climate Change Secretariat, Singapore does

The National Climate Change Secretariat (NCCS) is a Singapore Government agency established on 1 July 2010 under the Strategy Group of the Prime Minister's Office, with a statutory mandate to develop and coordinate Singapore's domestic and international climate change policies and strategies. It operates as the central policy node for whole-of-government climate action, including Singapore's Nationally Determined Contribution (a 2035 target of 45-50 MtCO2e en route to net zero by 2050), the carbon tax trajectory ($25/tCO2e in 2024-25 rising to $50-80/tCO2e by 2030), and Singapore's international climate diplomacy under the Paris Agreement, including Article 6 implementation.

NCCS convenes and orchestrates rather than sells commercial products. Its functional outputs include the Draft Voluntary Carbon Market Guidance co-issued with MTI and Enterprise Singapore, the Inter-Ministerial Committee on Climate Change chaired by Senior Minister Teo Chee Hean, and the Coalition to Grow Carbon Markets co-chaired with Kenya and the UK, comprising 11 member governments. It also drives ecosystem platforms indirectly: FAST-P (a blended finance vehicle with a US$500M government pledge targeting US$5B), the Singapore Carbon Markets Programme with the World Bank Group, bilateral Implementation Agreements with Papua New Guinea, Ghana, Bhutan, Rwanda, Thailand, Mongolia, and Paraguay, and an AI-enhanced upgrade to the SGX/MAS ESGenome sustainability reporting platform serving 200+ listed companies. The agency is led by Ravi Menon as Singapore's Ambassador for Climate Action and Senior Adviser to NCCS.

NCCS is fully government-funded through the Prime Minister's Office and does not earn commercial revenue. Its go-to-market is institutional: policy consultations, public consultations, speeches at international forums (COP, London Climate Action Week, Ecosperity), and bilateral government negotiations. Customer segments are policy-defined rather than revenue-defined: Singapore ministries and agencies, businesses emitting 25,000+ tCO2e annually subject to carbon tax, Singapore households affected indirectly via utility bills, foreign partner governments, and standards bodies such as ICVCM, Verra, and Gold Standard. The headcount is small (33 employees), making the agency an unusually high-leverage policy coordinator relative to the scale of programs and international commitments it manages.

Name

National Climate Change Secretariat, Singapore

Legal name

National Climate Change Secretariat, Strategy Group, Prime Minister's Office

Website

https://nccs.gov.sg

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

The National Climate Change Secretariat (NCCS) is a Singapore Government agency under the Prime Minister's Office that develops and coordinates domestic and international climate policy, including the 2035 NDC, carbon tax trajectory, and Article 6 carbon credit Implementation Agreements with partner governments.

Ownership category

akta.pro rank

Product category

Government Climate Policy Coordination

NAICS

Administration of Environmental Quality Programs (924), Administration of Environmental Quality Programs (9241), Administration of Air and Water Resource and Solid Waste Management Programs (92411), Administration of Conservation Programs (92412)

akta.pro primary industry

Climate Policy, Governance & NDC Support (BPADALAA)

akta.pro secondary industries

Regulatory & Disclosure Strategy (CSRD/ESRS, ISSB/IFRS S2, SEC, TCFD) (EUABAKAH), Carbon Markets & Climate Finance (Offsets, Allowances, Carbon Funds) (FSAAALAH), Carbon Market Data, Indexing & Price Reporting (Benchmarks, indices, market data feeds) (EUABAAAD)

Keywords

• Climate policy coordination
• Carbon market development
• Sustainability reporting
• Green financing platform
• International climate cooperation

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Infrastructure, Technology or R&D

Distribution channels1 record

Marketing channels4 records

Core offering

National Climate Change Secretariat (NCCS) develops and implements Singapore's domestic and international climate change policies and strategies. It coordinates a whole-of-government approach to climate action, advances robust carbon market frameworks under Article 6 of the Paris Agreement, and co-chairs the Coalition to Grow Carbon Markets. NCCS also issues formal policy guidance (e.g., Voluntary Carbon Market Guidance) and supports related platforms such as the ESGenome sustainability reporting platform.

Product overview

National Climate Change Secretariat (NCCS) is a Singapore government agency established on 1 July 2010 under the Prime Minister's Office to develop and implement Singapore's domestic and international climate change policies. NCCS does not offer commercial products but facilitates various climate-related platforms and initiatives including ESGenome (sustainability reporting platform with SGX and MAS), Gprnt (climate data platform), the C3T Council, Draft Voluntary Carbon Market Guidance, the Coalition to Grow Carbon Markets, FAST-P financing platform, and the Singapore Carbon Markets Programme with World Bank Group. NCCS also publishes climate reports and transparency documentation.

Differentiator

Problem solved

Functional benefit

Products and services

• ESGenome Sustainability reporting platform launched by SGX and MAS to help listed companies with climate disclosure aligned to ISSB standards; enhanced with AI-powered capabilities and automated Scope 1 and 2 calculations.
• Draft Voluntary Carbon Market Guidance Joint policy guidance by NCCS, MTI, and Enterprise Singapore on how companies can voluntarily use carbon credits as part of a credible decarbonisation plan.
• FAST-P (Financing Asia's Transition Partnership) Blended finance platform with a US$500 million government pledge, aiming for US$5 billion target fund size to crowd in commercial capital for green and transition projects across Asia.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Partnerships

23 partnerships are on record, tiered core and minor.

• Integrity Council for the Voluntary Carbon Market (ICVCM)coreStrategic or Co-development Partner · 24 June 2026The Government of Singapore (represented by NCCS) and ICVCM signed a Cooperation Agreement to strengthen collaboration on development of credible, interoperable and high-integrity carbon markets. Partnership announced during London Climate Action Week 2026. NCCS and ICVCM will work together to advance the Coalition to Grow Carbon Markets and promote high-integrity carbon markets in Asia through joint capacity-building, knowledge-sharing, and carbon market collaboration.
• World Bank GroupcoreStrategic or Co-development Partner · 20 May 2026Singapore partners with World Bank Group to launch Singapore Carbon Markets Programme.
• RwandacoreStrategic or Co-development Partner · 30 January 2026Singapore and Rwanda invited applications for carbon credit projects under bilateral Implementation Agreement.
• BhutancoreStrategic or Co-development Partner · 19 November 2025Singapore and Bhutan invited applications for carbon credit projects under bilateral Implementation Agreement.
• ThailandcoreStrategic or Co-development Partner · 18 November 2025Singapore and Thailand published list of eligible programmes and methodologies under bilateral Implementation Agreement.
• Singapore Gold Standard and VerracoreStrategic or Co-development Partner · 12 November 2025Published crediting protocol for carbon market integrity.
• Papua New GuineacoreStrategic or Co-development Partner · 8 December 2024Singapore signed its first Implementation Agreement with Papua New Guinea on carbon credits collaboration in December 2023.
• GhanacoreStrategic or Co-development Partner · 27 May 2024Singapore signed Implementation Agreement with Ghana to collaborate on carbon credits. First call for project applications launched September 2024.
• VerracoreStrategic or Co-development Partner · 11 December 2023Singapore, Verra, and Gold Standard partnered to develop playbook for carbon crediting. Released initial recommendations in November 2024.
• Gold StandardcoreStrategic or Co-development Partner · 11 December 2023Singapore, Verra, and Gold Standard partnered to develop playbook for carbon crediting. Released initial recommendations in November 2024.
• MongoliaminorStrategic or Co-development Partner · 5 December 2023Singapore and Mongolia reaffirmed commitment to pursue carbon credits collaboration.
• ParaguayminorStrategic or Co-development Partner · 3 December 2023Singapore and Paraguay substantively concluded negotiations on Implementation Agreement.
• Article 6 Implementation PartnershipminorStrategic or Co-development Partner · 16 November 2022Singapore joined the Article 6 Implementation Partnership at COP27.
• Forests and Climate Leaders' Partnership (FCLP)minorStrategic or Co-development Partner · 7 November 2022Singapore joined FCLP as a member country to advance forest conservation and climate action.
• First Movers CoalitionminorStrategic or Co-development Partner · 26 May 2022Singapore joined to help decarbonise emissions-intensive sectors.
• Coalition for Climate AmbitionminorStrategic or Co-development Partner · 4 November 2021Singapore committed to phase out unabated coal power by 2050.
• Coalition to Grow Carbon MarketscoreStrategic or Co-development PartnerGovernment coalition co-chaired by Kenya, Singapore, and the United Kingdom that seeks to scale voluntary demand for high-integrity carbon credits. Comprises 11 member governments. NCCS serves as Co-Chair. Supported by ICVCM and other partners.
• Ministry of Trade and Industry (MTI)coreStrategic or Co-development PartnerJoint issuer of Draft Voluntary Carbon Market Guidance along with NCCS and Enterprise Singapore. Collaborates on carbon market policy development.
• Enterprise Singapore (EnterpriseSG)coreStrategic or Co-development PartnerJoint issuer of Draft Voluntary Carbon Market Guidance along with NCCS and MTI. Provides support for businesses in decarbonisation efforts.
• Singapore Sustainable Finance Association (SSFA)coreStrategic or Co-development PartnerPartnered with NCCS, MTI, and EnterpriseSG in drafting VCM guidance. SSFA is surveying companies for a potential Claims Guidance Code and cooperating with regional carbon market associations under ASEAN Common Carbon Framework.
• Inter-Ministerial Committee on Climate ChangecoreStrategic or Co-development PartnerCross-ministry committee chaired by Senior Minister Teo Chee Hean that coordinates Singapore's whole-of-government approach to climate action.
• Transition Credits CoalitionminorStrategic or Co-development PartnerMulti-stakeholder public-private partnership convened by Singapore that designed a novel category of carbon credits to incentivise early retirement of coal-fired power plants.
• ASEAN Common Carbon FrameworkminorStrategic or Co-development PartnerRegional framework under which SSFA is cooperating with ASEAN carbon market associations to support high-quality credit supply and demand signals.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nccs-sg

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Climate Change Secretariat, Singapore