National Environment Agency Launches Clean Development Mechanism (CDM) Documentation Grant

The National Environment Agency (NEA) launched the $500,000 Clean Development Mechanism (CDM) Documentation Grant yesterday. This is a co-funding scheme to encourage companies to develop CDM projects in Singapore and support them in engaging carbon consultancy services for the documentation needed.

The funding is capped at $100,000 for each CDM project and would be provided for up to 30% or 50% of the qualifying cost of engaging a carbon consultant to develop a Project Design Document (PDD), which depends on the need to develop a new methodology or just to use an existing approved methodology. The cost of implementing the CDM project would not be supported under the grant. Read more

A Guide to Clean Energy Initiatives and Funding by the Singapore Government

Singapore has identified the clean energy industry as a key growth area since Mar 2007. The clean energy industry is expected to “contribute S$1.7 billion to the GDP and create 7,000 jobs by 2015“. To support our vision of a Clean Energy Hub, there are several clean energy initiatives and funding by the government as shown in the list below:

1. Clean Energy Programme Office (CEPO)
2. Clean Energy Research and Testbedding Programme (CERT)
3. Clean Energy Research Programme (CERP)
4. Solar Capability Scheme (SCS)
5. Market Development Fund
6. Singapore Initiative in New Energy Technologies (SINERGY) Centre
7. Innovation for Environmental Sustainability (IES) Fund (related funding)
8. MND Research Fund for the Built Environment (related funding)

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