myclimate is expanding its international presence to Singapore. From 2027, the Swiss climate solutions provider will establish local carbon project development capabilities, supported by the Singapore Economic Development Board through its Carbon Project Development Grant. The collaboration was officially launched at the Singapore Pavilion at COP31 with a signing ceremony between myclimate Co-CEO Florian Goppel and Lim Wey-Len, Executive Vice President of EDB.
Singapore has developed into an important hub for international carbon markets, combining government procurement of internationally transferred mitigation outcomes (ITMOs) with private-sector demand under its carbon tax framework. Establishing a local presence will bring myclimate closer to project partners, buyers and investors across Asia and strengthen its access to the growing Article 6 ecosystem.
“Establishing a presence in Singapore is a crucial step in the international development of myclimate. We are proud that EDB has selected myclimate for its Carbon Project Development Grant, and we see this as strong recognition of the expertise and credibility our teams have earned. Singapore provides an excellent environment in which to combine this expertise with local capabilities and partnerships and to develop high-integrity climate projects at international scale,” says Florian Goppel, Co-CEO of myclimate.
From 2027, senior Article 6 experts from myclimate will support the establishment of the Singapore operations and the development of a dedicated local team. The goal is to build end-to-end Article 6 project development capabilities, ranging from feasibility assessments and project design to carbon accounting, MRV, stakeholder engagement and Article 6 authorisation processes.
The EDB Carbon Project Development Grant supports the development of substantive project development capabilities in Singapore, including the early-stage work needed to turn potential carbon projects into credible Article 6 project pipelines. myclimate plans to progressively build a Singapore-based technical team, supported initially through expertise and knowledge transfer from its international teams.
“We welcome myclimate’s plans to establish a presence in Singapore. With over two decades of experience developing high-quality carbon projects across international markets, myclimate brings valuable expertise to Singapore’s growing carbon services ecosystem. Through the Carbon Project Development Grant, we look forward to supporting myclimate in building local capabilities while strengthening Singapore’s role as a lighthouse for carbon services in the region,” says Lim Wey-Len, Executive Vice President, Singapore Economic Development Board.
For myclimate, the partnership marks another step in strengthening its international Article 6 activities while contributing its project-development expertise to Singapore’s growing carbon-market ecosystem.
