Carbon Markets Academy of Singapore (CMAS)

About Us

The Carbon Markets Academy of Singapore (CMAS) aims to be Asia’s leading academy for carbon management education, aligning with Singapore’s vision of becoming a Carbon Services and Trading Hub for Southeast Asia and the Asia Pacific. Leveraging NTU’s ecosystem and sustainability initiatives, CMAS offers world-class courses in carbon services and trading. By partnering with NTU’s various entities and industry leaders, CMAS delivers a multidisciplinary programme that brings together diverse perspectives from both academia and the industry.

Mission and Vision

Vision: To be the foremost institution for carbon management education in Asia, recognised for creating and delivering high-quality courses in carbon services and trading.

Mission: To develop a strong talent pipeline equipped with the essential knowledge and practical skills in carbon management across Asia.

Director's Message

Welcome to the Carbon Markets Academy of Singapore (CMAS)! At CMAS, we believe that carbon markets play an important role in addressing climate change, from accurately pricing carbon emissions to creating incentives that direct climate finance to impactful initiatives and regions.

Effectively achieving these goals requires collaboration among diverse stakeholders and a broader talent pool beyond the current experts in the field.

Our mission is twofold: first, to build a robust talent pipeline equipped with essential knowledge and practical skills to navigate the complexities of the carbon market, supporting the sector’s needs. Second, to promote thought leadership and the sharing of best practices to advance conversations towards improved policy outcomes, industry standards, and greater societal buy-in.

We invite you to join us in striving toward these goals, and I look forward to working with our partners and programme participants on this journey.

Assoc Prof Daniel Lee

Director, Carbon Markets Academy of Singapore
College of Business (NBS)

Partners

CMAS collaborates with a wide range of partners to develop and deliver its programmes. Here is a complete list of partners supporting the Executive Certificate in Carbon Markets.

Supporting Partners

Programme Partners

We are excited to expand our partnerships and develop additional thought-leadership and research initiatives.

If you are interested in collaborating, please reach out to us at [email protected]

Continuing Education and Training (CET) and Postgraduate Programmes

CMAS offers a range of educational programmes to meet the growing demand for expertise in the carbon markets. We currently provide two main programmes at the Continuing Education and Training (CET) and postgraduate levels:

Executive Certificate in Carbon Markets

Our flagship Executive Certificate in Carbon Markets (ECCM) is a 9-day programme that is designed to provide professionals with a solid foundation in carbon markets (compliance, sectoral and voluntary), carbon measurement, reporting, and verification (MRV) and key elements of the carbon project lifecycle.

This programme is jointly delivered with Nanyang Business School’s Executive Education arm (NEE) and the Asian School of Environment (ASE) together with strong collaboration from more than 10 over Industry partners.

Find out more

Testimonials for the Executive Certificate in Carbon Markets

Read our Programme Testimonials

Executive Certificate in Carbon Markets Programme Testimonials

Executive MSc in Sustainability Management

As part of this programme, the Carbon Markets module offers Executive Master of Science students policy context, real-world examples of the voluntary carbon market, and practical guidance for navigating these markets from a corporate perspective.

Find out more

Testimonials for the Executive MSc in Sustainability Management

Watch the testimonial from our participants

Executive Master of Science in Sustainability Management Programme Testimonial

Undergraduate Programmes

At the undergraduate level, Nanyang Business School students will have access to:

BF3122 Carbon Market and Pricing Fundamentals (AY2024/2025 Semester 2)

The aim of this course is to equip students with a broad-based understanding of carbon markets and carbon pricing as it exists today. The course seeks to provide the policy context and an understanding of the international frameworks (e.g. Paris Agreement) in place whilst going through various examples of how both carbon markets and carbon pricing operate, including the challenges and future trajectories.

Events & Engagements

NBS Knowledge Lab Webinar

Carbon Credits and the Race to Net Zero

During the webinar, our panellists addressed significant challenges, including measurement and verification, permanence, and leakage. They also shared how businesses can actively contribute to a more sustainable future while overcoming these obstacles.

Event Highlight

Get Insights: Sustainable Finance & Carbon Markets in Asia

The session explored various corporate climate ambitions, investment impacts, and governmental policy drivers. The panel shared their thoughts on the opportunities in Asia’s carbon markets, sparking vibrant discussions on trading, taxonomies, and sustainable practices towards NetZero.

Conference

Carbon Forward Asia

Enterprise Singapore Managing Director Cindy Khoo shared about launch of the Carbon Markets Academy of Singapore (CMAS) by Enterprise Singapore, Singapore Economic Development Board (EDB) and Nanyang Technological University Singapore, which has already enrolled over 100 aspiring carbon market professionals

Event highlight

Reflections on Carbon Credit Quality: Are we getting better?

In this fireside chat, we explored key trends, challenges, improvements in carbon credit quality. Transparency, standards, and future opportunities in the carbon markets were at the heart of the conversations.

Eco Money: Is a carbon tax or emissions trading system more effective in reducing carbon emissions?

Podcast: MoneyFM Interview

Carbon Tax and Emissions Trading Systems: Which is more effective in reducing carbon emissions?

On this episode of Eco Money, Daniel Lee, Associate Professor of Practice at the Nanyang Business School and Director of the Carbon Markets Academy shares his insights.

Podcast

Why education could be the most powerful tool in Climate Finance

The discussion underscored the role of education in climate finance, emphasizing its pivotal role in empowering professionals. Perspectives from students and young professionals entering the carbon market were explored, highlighting their motivations and concerns.

In the News

Singapore will train 300 professionals in carbon trading by 2027 through the Carbon Markets Academy of Singapore

Trade and Industry Minister Gan Kim Yong announced its launch at the Financial Times Commodities Asia Summit. Mr Gan says the Academy will also provide insights and case studies for Asia. These could shape causes and carbon management strategies in the region.

Watch CNA news report

Media Coverage

The Straits Times, page A15, 8 Nov 2024 Lianhe Zaobao, page 23, 8 Nov 2024 8world, 7 Nov 2024

Joint Media Release with Enterprise Singapore and Singapore Economic Development Board

Singapore launches its first academy to help companies build capabilities and capture carbon market opportunities

The Carbon Markets Academy of Singapore (CMAS)