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Plantation and commodities minister Noraini Ahmad said an official used cooking oil (UCO) benchmark will improve market transparency, guide fair trading, and support a more sustainable palm oil market.
Its industry would benefit from a plan to cut emissions, which the UN shipping regulator is due to finalise this year.
At COP30 in Belém, Brazil's plan to quadruple global use of green fuels could have mixed climate impact.
The city-state will generate no more than 10 per cent of its energy from solar by 2050, and is exploring geothermal, biomethane and regional energy-sharing to decarbonise, Singapore's energy minister said. The country is also planning a "low-carbon" data centre park – its first since a moratorium on data centres ended in 2022.
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