Non Compliance
Non-Compliance
The Singapore Government reserves the right to impose measures on project developers that do not comply with Singapore’s published requirements (see Table 2).
The Singapore Government also reserves the option to waive the requirements or measures on a case-by-case basis.
Table 2
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1. The project developer is unable to provide satisfactory evidence of compliance within 1 month of being requested by the Singapore Government to do so. The project developer will be issued with a Warning Letter and has 3 months (the “grace period”) to submit satisfactory evidence of compliance. Should the project developer fail to submit satisfactory evidence of compliance by the end of the grace period, the Singapore Government may withhold authorisations of ITMOs from the relevant mitigation activity until the project developer has submitted the required evidence. |
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2. The project developer fails to provide satisfactory evidence of compliance by the end of the grace period more than once within the span of 3 years. The project developer may be disqualified from participation under any of Singapore’s IAs for a period of 12 to 24 months (to be determined by the Singapore Government), starting from the date of notice of the disqualification issued by the Singapore Government. During the period of disqualification, the Singapore Government may withhold authorisations of: a. All ITMOs from previously authorised projects, and b. New projects by the project developer and its shareholders and directors under any of Singapore’s IAs. |
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3. Project developer fails to submit a binding offer to the Singapore Government or to surrender towards its carbon tax liability at least 30% of the ITMOs authorised under the IA, despite giving an undertaking to do so. Project developer may be disqualified from participation under any of Singapore’s IAs for a period of 12 to 24 months (to be determined by the Singapore Government), starting from the date of notice of the disqualification issued by the Singapore Government. During the period of disqualification, the Singapore Government may withhold authorisations of: a. All ITMOs from previously authorised projects, and b. New projects by the project developer and its shareholders and directors under any of Singapore’s IAs. The Government may also take civil proceedings in court against the project developer for breach of undertaking.
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