Rubicon Carbon Opens New Office in Singapore to Boost Carbon Markets in Asia
On June 16th, Rubicon Carbon, a company focused on carbon credit investment and management, announced the opening of its new office in Singapore. This move marks a significant step in the company’s aim to support and develop high-quality carbon markets throughout Asia.
The Singapore office will act as Rubicon Carbon’s base for engaging with various partners, including businesses, project developers, government entities, and investors across the region. The office will assist in originating and managing top-notch carbon projects while also creating solutions for off-take and financing. This is crucial as corporate demand for carbon credits continues to rise, and reliable project delivery is needed.
A local presence is expected to enhance Rubicon Carbon’s efforts with the Action for a Resilient Climate (ARC) Coalition. This is an initiative started at the GenZero Climate Summit that gathers corporations, financial institutions, and experts to generate demand for strong carbon credits.
Rubicon Carbon has played a vital role in forming this coalition and is collaborating with partners to establish a blended-finance facility. This facility aims to boost investments in scalable and reliable climate projects. The goal is to link demand and financing to strengthen confidence in the carbon market, aiming to secure at least 10 million tonnes of carbon credits by 2030.
To spearhead these efforts in Asia, Rubicon Carbon has appointed Flora Ji as the Head of Asia and Asset Management. Ji, who previously served as Vice President of Nature-Based Solutions at Shell, brings nearly 20 years of experience in energy, infrastructure, and carbon solutions. In her new position, she will lead the company’s expansion in Asia and oversee its global portfolio of carbon projects.
Tom Montag, CEO of Rubicon Carbon, highlighted the importance of Asia in the future of carbon markets. He stated, “Establishing a presence in Singapore allows us to engage closely with this growth and the partners who will influence the next phase of the market. Flora’s extensive experience in climate initiatives makes her an ideal leader for our efforts.”
Ji also remarked on the significance of Asia in global climate action, mentioning that Singapore is a vital hub for carbon markets and regional partnerships. She expressed enthusiasm about collaborating with various stakeholders to strengthen the delivery of high-quality climate projects.
As Rubicon Carbon sets its sights on making a difference in the region, its strategic move into Singapore is a promising step towards creating effective solutions for climate challenges.
