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DevvStream Joins Singapore Carbon Market Alliance to Boost Carbon Credit Sales

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An update from DevvStream ( (DEVS) ) is now available.

DevvStream has been admitted to the invitation-only Singapore Carbon Market Alliance (SCMA), enhancing its ability to engage in carbon credit sales under Article 6 of the Paris Agreement. This membership positions DevvStream to become an Eligible Entity in the region, facilitating high sales volumes of Article 6-aligned carbon credits and renewable energy certificates to the Singaporean government, thereby strengthening its market position and industry influence.

More about DevvStream

DevvStream Corp. is a leading firm in the carbon credit industry, focusing on technology-based solutions for co-developing and generating carbon credits. The company is involved in creating high-integrity carbon credits aligned with Article 6 of the Paris Agreement, primarily aimed at trading these credits with nations that have agreements with Singapore.

YTD Price Performance: -22.86%

Average Trading Volume: 4,402,808

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $16.51M

Learn more about DEVS stock on TipRanks’ Stock Analysis page.

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