TNC sets up Singapore team to lead carbon projects in Asia

The team will work on early-stage project design, scientific research, community engagement, and financial planning.

The Nature Conservancy (TNC) has announced the establishment of a new team in Singapore focused on carbon project development in Asia. The initiative is supported by Singapore’s Economic Development Board (EDB) through the Carbon Project Development Grant.

The team will work on early-stage project design, scientific research, community engagement, and financial planning. These efforts are aligned with Singapore’s International Carbon Credit (ICC) framework and Article 6 of the Paris Agreement.

According to TNC, the expansion is intended to facilitate the development of carbon projects that meet both environmental and social criteria. The organization plans to focus on countries where Singapore has established carbon agreements.

TNC is involved in more than 60 carbon projects globally, including 15 in the Asia-Pacific region. The Singapore office is expected to serve as a regional base, with support from partners such as the Southeast Asia Climate and Nature-based Solutions Coalition (SCeNe).