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