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Climate Bridge International Selected to Receive Singapore EDB's Grant

Press Release
,
May 6, 2025

Climate Bridge International is a new, Singapore-headquartered joint venture between Climate Bridge Group, one of China’s largest independent carbon project developers, and climate finance leaders Alvin Lim and Tan Chin Hwee. The company will develop and finance carbon projects globally, focusing on countries that are aligned with Singapore’s international carbon market strategy, including those that have signed implementation agreements or MoUs with Singapore.

The company will be supported by Singapore EDB's Carbon Project Development Grant, which aims to help companies working on early-stage, Article 6-aligned credit generation.

GenZero Climate Summit 2025

Tan Chin Hwee, Chairman of Climate Bridge International, said: "I’m grateful to the EDB for their support. This grant will help to advance Climate Bridge International’s vision and execution model. It allows us to fast-track feasibility and project development initiatives to generate high-integrity carbon projects in geographies aligned with Singapore’s Article 6 strategy. Singapore has built a robust carbon market and established key international partnerships, making it the ideal launchpad for scaling global climate impact."

Lim Wey-Len, Executive Vice President at EDB, said: “We welcome Climate Bridge’s decision to set up in Singapore, reflecting confidence in our position as a carbon services and trading hub that enables regional climate action. We look forward to working with like-minded partners like Climate Bridge International to deepen capabilities in originating and developing high-quality Article 6 carbon projects that can help Singapore and other countries achieve our climate ambitions.”

The Global South offers some of the greatest untapped potential for carbon project development — yet many local developers face barriers around expertise, financing, and market access. Climate Bridge International bridges this gap, partnering with asset owners using an agile, asset-light model that facilitates the efficient deployment of capital, technical knowledge, and global market access.

The joint venture will draw on Climate Bridge’s extensive experience as one of China’s largest independent carbon project developers with over 18 years of market leadership. With experience spanning more than 500 projects developed, 100 million tonnes of carbon credits transacted, and over 10 million MWh of I-RECs traded annually, Climate Bridge will bring scale, credibility, and deep technical knowledge to the new company’s project portfolio.

Climate Bridge International’s nature-and tech-based projects will span afforestation, mangrove restoration, grasslands, low-carbon transportation, methane capture, refrigerant destruction, renewable energy, and waste-to-energy. Partnering directly with communities and asset owners, Climate Bridge International manages the full project lifecycle, from feasibility and structuring to monitoring and credit sales, and all emissions reductions and removals will be independently certified under leading global standards.

The company anticipates strong demand from Singapore’s compliance entities, governments, and international airlines under CORSIA, as well as from global buyers seeking Article 6-aligned, high-integrity carbon credits.

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Company Registration No. 202450964E