Managed by TTFA, the new DAF has been set up to augment EDB's Carbon Project Development Grant, a pool of capital announced in November 2024 that EDB has committed to catalyse early-stage Article 6 carbon projects.
The Singapore Economic Development Board (EDB) has partnered with TT Foundation Advisors (TTFA), the philanthropy advisory arm of Temasek Trust, to launch a donor-advised fund (DAF) that will mobilise capital from family offices and foundations for projects that generate high-integrity Article 6 carbon credits under EDB's Carbon Project Development Grant.
Announced at the start of the inaugural GenZero Climate Summit Insights 2025 on May 5, the partnership will enable private capital owners to participate alongside EDB in catalysing high-quality carbon projects, and further boost Singapore's carbon market development while delivering climate, nature and community benefits.
