Executive Certificate in Carbon Markets

Climate change poses significant challenges to the environment and society, demanding substantial and urgent action from all stakeholders.  A key policy response emerging globally is the utilisation of carbon markets as a tool to price greenhouse gas emissions and direct mitigation efforts in concrete ways.

Recognising the important role that carbon markets play in the journey to Net Zero, and as part of the Singapore Green Plan 2030, Singapore aims to become a leading carbon services and trading hub in Asia. To achieve this vision, there is a growing demand for talented professionals in Singapore and across the region to support the development of this critical ecosystem.

The Executive Certificate in Carbon Markets is designed to help meet this need by equipping business leaders and 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. Offered in three modules, the intensive nine-day programme is the most comprehensive carbon markets and trading course in Singapore, addressing the rising demand for expertise in these areas.

You will explore climate action essentials, delve into the details of carbon markets mechanics, and gain practical insights into the corporate toolkit of greenhouse gas measurement, target setting, and mitigation action. The programme will equip you with the knowledge and skills to navigate the evolving landscape of carbon markets and drive meaningful environmental impact.

Module 1: Climate Action and Essentials of Carbon Markets (3 days)

  • Climate Change and the Science of Carbon
  • Zero-Carbon Economy: Imperatives and Mechanisms
  • Carbon Markets: Today and Beyond

Module 2:  Carbon Markets and Trading (3 days)

  • Carbon Project Development
  • Emissions Markets and Trading
  • Governance and Innovation in the Carbon Markets

Module 3:  Carbon Measurement, Reporting, and Verification (MRV), Corporate Insetting and Offsetting (3 days)

  • Carbon Measurement, Reporting, and Verification (MRV): Overview and Application
  • Carbon Project MRV: Reference Standards and Practice
  • Corporate Insetting and Offsetting

Participants can choose to attend all three modules in the same run or separately as stand-alone modules. 

Strong Industry Collaboration

The robust programme is developed and delivered in partnership with leading academia, climate scientists, domain experts and senior industry leaders. 

Supporting Partners: 

NTU Asian School of the Environment

IETA

 

Programme Partners:

ACT LogoCalyx Global Clifford Capital logo
FairatmosForest Carbon Logo GenZero Hamerkop
Puro . earth logo Valitera Value Network
                Ventures Zevero


Programme Testimonials

Leong Wai Keong

"I am privileged to be part of the inaugural batch of the Executive Certificate in Carbon Markets by Nanyang Technological University. This well-structured program strikes a perfect balance between theoretical foundations with real-world applications, offering rich insights into the evolving carbon markets.

Delivered by a mix of academics and industry experts, the course provided invaluable knowledge, engaging discussions, and meaningful networking opportunities. I highly recommend it to professionals looking to navigate the complex carbon markets and contribute to the global sustainability agenda. Thank you, NTU, for this exceptional learning experience!"

Leong Wai Keong
Co-Founder and CEO
DNZ ClimateTech



Winnie Chua - South Pole

"Having had positive experiences with Nanyang Business School through other Executive Certificate programs on sustainability topics, I was eager to enroll in their new Carbon Markets course. As someone transitioning into the carbon space, I found the course both informative and engaging, with valuable discussions with lecturers and fellow participants.

The opportunity to learn from leading experts in both academia and industry about the mechanisms that drive carbon markets was particularly beneficial. Although I work for a major climate solutions firm, my role does not provide many opportunities to engage in carbon project development, so the chance to dive into these processes was incredibly valuable. It helped me appreciate that creating a high-quality carbon project is no easy feat!

A key takeaway from the course was the understanding that while the carbon market is still evolving, there is rapidly developing governance and innovation aimed at maintaining the integrity of high-quality carbon markets. This helped me understand the frameworks and policies supporting the growth and success of the carbon space, and it has made it easier for me to follow and contribute to some of our internal technical discussions.

I also appreciated the in-depth discussions on Emissions Trading Systems and carbon taxes, which provided a clearer understanding of how these factors interact within the market. The class exercise, led by Prof. Daniel Lee, left a lasting impression on me. This thoughtfully designed activity involved role-playing, where we took on different positions to negotiate key aspects such as carbon tax implementation, subsidy provision, and ITMO (Internationally Transferred Mitigation Outcomes) negotiations with other teams. The hands-on nature of this exercise offered valuable insights into the complexities and challenges of the carbon market, sharpening my understanding of real-world obstacles. In particular, it required us to consider the interests of various stakeholders and the impact on different industries, enabling us to derive outcomes that align with achieving our country’s climate action plan.

As someone working in the carbon industry, the course also helped me identify common questions and misconceptions the public may have about carbon markets. It deepened my knowledge and enabled me to better explain these concepts to my clients. Furthermore, the exchange of market practices among the lecturers and other professionals was invaluable. It allowed me to compare our internal practices with those of others and identify ways to improve and innovate.

I would highly encourage anyone seeking a career in the carbon space or looking to understand the impact of climate risk and opportunities to take this course."

Winnie Chua
Head of Corporate Sales, Asia
South Pole



Heng Koon How, UOB

“Am very proud to be part of this inaugural class for Executive Certificate in Carbon Markets (ECCM) course by NTU. We have learnt a lot about both carbon markets as an important and valuable asset class, as well as carbon markets as a diverse and growing ecosystem.

What is invaluable about this course as well is the wide range of priceless guest lectures and networking sessions from industry experts across the entire carbon market value chain. I’m sure I echo the many sincere thanks from my fellow classmates to Prof Daniel Lee for curating such an intense and practical course. Finally, taking this course is an affirmation by many of us who still believe that we can do our part to mitigate climate change and affirm our commitment to Net Zero”.

Heng Koon How, CAIA
Head of Markets Strategy, Global Economics & Markets Research
UOB



Tracy Xie, Shell

"I would like to extend my sincere appreciation to Professor Daniel Lee and the esteemed faculty for delivering an exceptional and impactful learning experience on Carbon Markets. The programme was thoughtfully structured and offered a comprehensive overview of key themes, including climate science, global policy, carbon pricing, emissions accounting, and carbon trading mechanisms etc. The content was both academically rigorous and highly applicable to real-world sustainability and decarbonisation challenges. 

A particular highlight was the series of panel discussions and fireside chats with senior leaders and seasoned practitioners in the carbon space. Their practical insights and candid sharing added immense depth to the learning and offered valuable perspectives on navigating the evolving carbon economy. 

It was also a privilege to learn alongside a diverse and experienced cohort of professionals. I left the course inspired and better equipped to contribute meaningfully to energy transition, ESG strategy, and sustainable investment decisions, and I'm grateful for the new friendships formed during the course too!"

Tracy Xie
General Manager E-Mobility & Strategic Growth, Shell



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"The NTU Carbon Markets course provided me with valuable insights into global carbon policies, and keep me abreast into the latest developments in MRV technologies and carbon ratings, which have greatly enhanced my ability to integrate carbon market data into ESG workflows

It has empowered me to engage more effectively with colleagues and industry practitioners on carbon-related initiatives. The knowledge gained has strengthened my work on big data applications for ESG, enabling more informed decision-making."

Terence Tan
Associate (Applications, Data, and Digital)
Temasek Holdings



Natalie

" A big shoutout to Prof Daniel for designing such an educational and enlightening course. I really appreciated how it combined foundational theory with practical insights from professionals in the field. As someone new to the space, navigating the carbon world hasn’t been easy—the industry can feel rather opaque, even with the help of AI and Google. This course helped bridge that knowledge gap in a way that online resources simply couldn’t.​

What I found especially valuable was how intentionally curated the content was—not just to teach what carbon credits are, but to equip us with insights that have real commercial application. Every topic felt purposeful, relevant, and directly tied to how things work in practice—perfect for anyone looking to build, invest, or operate in this space with confidence.​

The entire course brought the carbon credits ecosystem to life. It helped me understand the dynamics and sensitivities involved in balancing carbon initiatives—something that suddenly clicked not just for me, but for many of my course mates. Each session was well-paced and grounded in the realities of the market.​

On top of all that, I really enjoyed the energy and delivery style—interactive, engaging, and always drawing us in with real-world practitioners who live and breathe the carbon space, offering the kind of unfiltered insight you can’t get from a textbook.​

And best of all, we had we had the rare privilege and opportunity to ask questions directly to professionals who were genuinely passionate and generous about sharing their knowledge which to me made the experience feel less like a lecture and more like being part of an ongoing conversation in the carbon markets community." 

Natalie Kang
Operational Success Lead / Programme Management Office
Qatalyst



Imran

"The Executive Certificate in Carbon Markets by NTU has been an incredibly valuable experience for me, especially as I step into a new role focused on expanding my organization’s business in this sector. The course accelerated my learning through a well-structured curriculum that provided a thorough understanding of the entire carbon market ecosystem. It explained the fundamental concepts, gave context of key milestones in climate action and current status, and explored the challenges, opportunities, and trends shaping the future of carbon markets.​

What truly set the program apart for me was the opportunity to engage directly with industry leaders and practitioners through panel discussions, guest lectures, and peer interactions. I leave the program better equipped to navigate the evolving carbon landscape and more confident in driving my company’s contribution to the global Net Zero transition. My sincere thanks to Professor Daniel Lee and the NTU team for curating such a relevant and inspiring course.​"

Imran Syed Ali
Business Development Manager, Climate Change Solutions
SGS S.A.



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"As a public service officer working in R&D, I recently took on a new portfolio in decarbonisation. With a particular interest in the compliance carbon market, I enrolled inthe Executive Certificate in Carbon Markets offered by Nanyang Technological University (NTU), and it has proven to be a highly valuable experience.​

The course provided a solid foundation in understanding the structure and function of both voluntary and compliance carbon markets. It comprehensively covered theentire value chain and ecosystem – from policy intent to implementation mechanisms, trading schemes, and market dynamics. For someone new to this complex andfast-evolving space, the course offered clarity on how various elements interact, and more importantly, why they matter. In local Singaporean terms, the course reallyunpacked the “walao-ness” of the carbon market landscape – its intricacies, interdependencies, and messiness – in a way that was both accessible and thought-provoking.​

Echoing other participants, the role-play exercise led by Prof. Daniel Lee on Emissions Trading Systems and carbon taxes was a highlight. It brought the policy design andnegotiation process to life, offering valuable insights into real-world trade-offs and stakeholder tensions.​

Overall, the course offered not just theoretical insights but practical perspectives that will be useful as I contribute to shaping decarbonisation pathways within myorganisation. I highly recommend this programme to anyone looking to develop a strong grounding in carbon markets and climate policy implementation.​"

​Yunita Tan
Chief Specialist
Research & Technology Office, PUB



LUMENS

"The course provided me with a deeper understanding of the global decarbonization framework as well as the key aspects of carbon finance, such as different types of credits (carbon, renewable energy, transition) and how these are generated, verified, traded and terminated. The lectures were informative, insightful and engaging. I completed the course with a sense of fulfillment and an eagerness to learn more and build professional relationships with like-minded individuals who believe in building a “greener” world."


​Atty. Lumen P. Balboa
Vice President for Legal and Regulatory Compliance
Alsons Power Group

 

Why this Programme

  • Gain a solid understanding of the global climate crisis, the mechanisms driving the zero-carbon economy and the pivotal role of carbon markets.
  • Learn from leading academia and industry experts as they guide you through the complexities of carbon markets, gaining insights into project development, emissions trading, and the governance and innovation that underpins high-quality carbon markets.
  • Understand how carbon trading operates within both the compliance and voluntary markets and the strategic aspects of trading carbon credits.
  • Get insights into practical applications of carbon measurement, reporting, and verification as well as the strategic approaches to corporate insetting and offsetting.
  • Apply knowledge and skills to real-world scenarios.

Programme Structure

Module 1: Climate Action and Essentials of Carbon Markets


What you will learn
Climate Change and the Science of Carbon
  • Climate Systems and Climate Change
  • Sixth Assessment Report of the United Nations Intergovernmental Panel on Climate Change
  • Nature Conservation and Nature-based solutions: Science of Green and Blue Carbon
  • Technologies: Renewable Energy, Carbon Capture, Utilisation and Storage, and Global Developments
Zero-Carbon Economy: 
Imperatives and Mechanisms
  • Transformation to the Zero Carbon Economy
  • Carbon Pricing Mechanisms
  • Climate Negotiations and Carbon Markets Context
  • The Carbon Markets Ecosystem
Carbon Markets: Today and Beyond
  • Voluntary Markets
  • Sectoral Markets
  • Development and Outlook of Carbon Markets

Module 2: Carbon Markets and Trading


What you will learn
Carbon Project Development
  • Carbon Project: From Pre-issuance to Issuing
  • Dynamics Among Project Developer, Investor, Corporate Buyer, and Insurer 
  • Carbon Standards and Methodologies
  • Project Quality
Emissions Markets and Trading
  • Compliance Carbon Markets Drivers
  • A Review of European Union Emissions Trading System
  • Trading within Compliance Carbon Markets
  • Regional Developments in Carbon Emission Schemes
Governance and Innovation in the Carbon Markets
  • Governance Perspectives (UNFCCC, CORSIA, Singapore’s International Carbon Credit framework)
  • Technological Innovation in Carbon Markets
  • Transition Credits – Early retirement of coal-fired power plants

Module 3: Carbon MRV (Measurement, Reporting, and Verification), Corporate Insetting and Offsetting


What you will learn

Carbon MRV: Overview and Application

  • Overview and Quality Management of Carbon MRV (Measurement, Reporting, and Verification)
  • Frameworks and Regulations for MRV Practices
  • Emission Reduction Target Setting & Baselining
Carbon Project MRV: Reference Standards and Practice
  • Reference Standards for Validation of Carbon Projects
  • Application of Reference Standards
Corporate Insetting & Offsetting
  • Corporate Insetting: Imperatives and Strategies
  • Corporate Offsetting: An Overview
  • Sourcing Carbon Offsets
  • Scenarios for the Future
  • Venture Building for Carbon

Who Should Attend

  • Professionals in corporate teams seeking to lower the carbon footprint of their organisations
  • Professionals seeking to advance their careers as well as those transitioning into new roles who require expertise in carbon markets and carbon services
  • Professionals in carbon services firms providing services such as sustainability consulting, carbon accounting, MRV, project development and financing and carbon trading

Dates and Venue

Next intake*
Module 1 (3 days): 14, 15, 16 January 2026 (Apply here)  
Module 2 (3 days): 04, 05, 06 February 2026 (Apply here)  
Module 3 (3 days): 04, 05, 06 March 2026 (Apply here)

Module 1 (3 days): 20, 21, 22 August 2025 (Fully subscribed*)
Module 2 (3 days): 17, 18, 19 September 2025 (Fully subscribed*)
Module 3 (3 days): 08, 09, 10 October 2025 (Fully subscribed*)   

*If an intake is fully subscribed, your application will be considered for the next available intake. If you wish to be waitlisted for any intake, please drop us an email at nep@ntu.edu.sg.  

Training is conducted from 9 am to 5 pm daily unless specified otherwise.

Venue:
Lifelong Learning Institute (LLI)
11 Eunos Road 8, Singapore 408601
MRT: Paya Lebar Station

Nanyang Executive Education reserves the right to change the date, venue, and mode of delivery due to unforeseen circumstances. 

All applications will be reviewed by our Admissions Committee. We reserve the right to accept or reject the application of any participant without assigning any reasons whatsoever and the Office’s decision will be final.

Fees and Funding

Programme fee of per Module: S$3,000 (before GST), S$3,270 (with GST)

Fees payable after SkillsFuture Singapore (SSG) funding:

Programme Fee In SGD (per Module)
 Fees BEFORE
funding & GST#
Fees AFTER
funding & 9% GST#
Singapore Citizens (aged 21 - 39) / PR (aged ≥ 21)
50% Funding*
​$3,000$1,770
Singapore Citizens (aged ≥ 40)
MCES1* - up to 70%
​$3,000$1,170
SME-sponsored Singapore Citizens / PR
ETSS2​ - up to 70%
​$3,000$1,170
International Participants
without funding
​$3,000$3,270

# GST is based on full course fee before funding.
*Applicable for both self-sponsored and company-sponsored participants.
1. For more information about the Mid-career Enhanced Subsidy (MCES) scheme. 
2. For more information about the Enhanced Training Support for Small & Medium Enterprises (ETSS) scheme.

Participants do not need to contact SkillsFuture for funding application before course registration. Participants will be invoiced the nett amount after funding and GST. 

SkillsFuture Credit - for self-sponsored 
On top of the above funding schemes, Singapore Citizens, aged 25 and above and self-sponsored may use their SkillsFuture Credit (base tier) to defray part of the nett course fee. The $4,000 Additional SkillsFuture Credit (Mid-Career Support) is not applicable for this course. Click here for SkillsFuture Credit submission

SkillsFuture Enterprise Credit - for SME-sponsored
Eligible Singapore-registered companies can tap on $10,000 SkillsFuture Enterprise Credit to cover up to 90% of out-of-pocket expenses. Click here to submit SkillsFuture Enterprise Credit.  

Please note that the programme fees are subject to change without prior notice. Funding for courses is limited in duration and subject to the prevailing conditions of the funding agencies.

Funding Requirements:
- Participant must achieve at least 75% attendance for the programme. 
- Participant must complete and pass all assignments / assessments as assigned by the trainer.

Faculty and Industry Experts

Associate Professor (Practice) Daniel Lee
Assoc Prof. Daniel Lee

Associate Professor (Practice), Carbon Markets, Division of Banking and Finance
Programme Director, Executive Certificate in Carbon Markets
Nanyang Business School, NTU Singapore

Read more about Prof. Daniel Lee here

Prof. Vish
Prof. S. Viswanathan (Vish)

Professor, Operations & Corporate Sustainability, Nanyang Business School, NTU Singapore
Director, Centre for Business Sustainability
Cluster Director, Energy Research Institute @ NTU (ERI@N)

Read more about Prof. Vish here

Adam Switzer
Prof. Adam Switzer

Professor and Assistant Dean (Development), Asian School of the Environment, NTU Singapore
Director, CIFAL@NTU

Read more about Prof. Adam Switzer here.

Perrine Hamel
Asst Prof. Perrine Hamel

Nanyang Assistant Professor, Asian School of the Environment, NTU Singapore

Read more about Asst Prof. Perrine Hamel  here

Alvin Lee
Alvin Lee

Regional Head, APAC
Puro.earth

Read more about Alvin Lee here

Alvin Lim
Alvin Lim

CEO & Co-founder
Climate Bridge International

Read more about Alvin Lim here

Aruna Pradipta
Aruna Pradipta

Chief Commercial and Operating Officer
Fairatmos

Read more about Aruna here

Björn Fondén
Björn Fondén

International Policy Advisor
IETA

Read more about Björn Fondén here

Duncan van Bergen
Duncan van Bergen

Co-founder
Calyx Global

Read more about Duncan van Bergen here

Edmund Siau
Edmund Siau

Assistant Vice President Policy and Analytics Group
GenZero

Read more about Edmund Siau here

 

Jeffrey Chatellier
Jeffrey Chatellier

Chief Executive Officer
Forest Carbon

Read more about Jeffrey Chatellier here

Kevin Milla
Kevin Milla

Senior Manager
Zevero

Read more about Kevin Milla here

Law Heng Dean
Law Heng Dean

Read more about Heng Dean here

Nick Soeteman
Nick Soeteman

Managing Partner
ACT Group

Read more about Nick Soeteman here

Nicholas Tan
Nicholas Tan

Group Head of Markets & Investor Services, Clifford Capital
Chief Executive Officer & Executive Director, Bayfront Infrastructure Management

Read more about Nicholas Tan here

Rene Velasquez
Rene Velasquez

Managing Partner
Valitera

Read more about Rene Velasquez here

Rueban Manokara
Rueban Manokara

Global Lead, Carbon Finance and Markets Taskforce
World Wide Fund for Nature (WWF)

Read more about Rueban Manokara here

Sandeep Roy Choudhury
Sandeep Roy Choudhury

Co-Founder & Director
Value Network Ventures (VNV)

Read more about Sandeep Roy Choudhury here

 

News Coverage

CNA Screenshot - Launch of CMAS

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