Expanding Carbon Asset Development Capabilities in Singapore by 3Degrees

3Degrees Expands Carbon Asset Development Capabilities in Singapore

In a significant move towards combating climate change, global climate solutions provider 3Degrees is expanding its operations in Singapore. The expansion, supported by the Singapore Economic Development Board (EDB) through its Carbon Project Development grant, aims to develop high-integrity Article 6 carbon projects across Southeast Asia and beyond.

Philippe Vedrenne, CEO of 3Degrees, emphasized the importance of trust and technical rigor as countries move to operationalize Article 6. Article 6 of the Paris Agreement allows countries to cooperate in achieving their nationally determined contributions by trading carbon credits.

Founded nearly 20 years ago, 3Degrees is a pioneer in environmental markets and a Certified B Corporation. The company has a strong track record in carbon project development, including methane management programs. It delivers a full suite of clean energy and decarbonization solutions, helping global Fortune 500 companies, utilities, and other organizations achieve their climate goals.

The company's Asia Pacific strategy includes a key pillar in the form of this expansion in Singapore. 3Degrees' team, known for its commitment to integrity and deep expertise in climate strategy and implementation, will bring nearly two decades of market experience and technical expertise to the region.

Mr Lim Wey-Len, Executive Vice President of EDB, said that 3Degrees' investment in Singapore reinforces its position as an attractive carbon services and trading center. On May 5, 2025, in Singapore, the organization SMX officially recognized a partnership to expand 3Degrees' carbon project development capabilities, with representatives from SMX and A*STAR present at the ceremony.

3Degrees' work in the region will focus on developing and deploying impactful climate solutions that make good business sense. The company is proactively developing high-quality, compliance-aligned credits to help unlock market participation. Its work contributes to an equitable transition to a low-carbon future.

As 3Degrees expands its operations in Singapore, it also focuses on supply chain decarbonization. The company's commitment to a sustainable future extends beyond carbon project development, encompassing global environmental commodities and renewable energy. With offices across Asia, North America, and Europe, 3Degrees is positioned to drive meaningful change in the fight against climate change.