PRESS RELEASE

Climate Bridge International and Rwanda Development Board sign MoU to advance carbon investment opportunities

●   Partnership will build a pipeline of Article 6-aligned investable carbon projects under the Rwanda–Singapore Implementation Agreement

●   Collaboration will mobilize private finance and knowledge sharing to support Rwanda’s climate and development goals

●   Builds on earlier Article 6.2 Implementation Agreement between the governments of Rwanda and Singapore in May 2025

Singapore, 27 August 2025 — Climate Bridge International (CBI) and the Rwanda Development Board (RDB) have signed a Memorandum of Understanding (MoU) to collaborate on carbon market development and unlock investment opportunities in Rwanda.

The partnership supports the recently signed Rwanda–Singapore Article 6.2 Implementation Agreement by laying the foundation for project origination, knowledge sharing, and capacity building. CBI and RDB will work together to identify and develop eligible Article 6-aligned carbon credit projects and mobilize private capital, while strengthening Rwanda’s policy and regulatory frameworks for carbon market participation.

Alvin Lim, Chief Executive Officer of Climate Bridge International, said: “This MoU comes at exactly the right time, as Rwanda and Singapore move to operationalize their Article 6.2 agreement. Together with the Rwanda Development Board, we will build a pipeline of high-integrity, investable projects and provide international market access for local opportunities. It sends a clear signal that the private sector stands ready to help translate government-to-government ambition into tangible climate and development outcomes.”

Michelle Umurungi, Chief Investment Officer at the Rwanda Development Board, said: “Rwanda is committed to building a low-carbon, climate-resilient economy. Through our collaboration with Climate Bridge International, we look forward to attracting new investments, building local capacity, and accelerating progress towards our national climate and development goals. This partnership also reinforces Rwanda’s role as an active and trusted partner in the global carbon market, and its strong commitment to partnering with the private sector in implementing the Article 6.2 agreement.”

Over the next 12 months, CBI and RDB will collaborate to expand Rwanda’s pipeline of Article 6-aligned investable carbon projects, while facilitating exchanges with local companies to strengthen market readiness. The partnership will also support government institutions through capacity-building and policy development, helping to establish a robust and transparent framework for carbon markets.

CBI and RDB anticipate strong demand for high-integrity, Article 6-aligned credits, including from governments, compliance buyers, and corporates seeking trusted solutions that deliver measurable climate and community benefits.