Objective

The Clean Development Mechanism (CDM) Documentation Grant is a co-funding scheme administered by the National Environment Agency (NEA) to encourage companies to develop CDM projects in Singapore.

Form of Assistance

Grant Quantum

Funding would be provided for up to:

1. 50% of the qualifying cost of engaging a carbon consultant to develop a new methodology and Project Design Document (PDD)
2. 30% of the qualifying cost of engaging a carbon consultant to develop a PDD that uses an existing approved methodology.

The maximum amount of funding to any CDM project is capped at $100,000.

Qualifying Costs

The qualifying costs include:

1. Salaries paid to consultants (Provide a breakdown for each member in the consultancy team, such as man-hours and hourly rate)
2. Air Travel
3. Cost of Living Allowance

The cost of implementing the CDM project would not be supported under the CDM Documentation Grant.

Eligibility Criteria

Project

The proposed CDM project must meet the following:

1. The contract between the CDM project developer and the carbon consultancy for the development of the CDM project design document and/or methodology has not been signed;
2. The CDM stakeholder meeting has not been carried out; and
3. Construction and implementation of the CDM project have not begun.

Company

1. The CDM project developer must be registered in Singapore; and
2. The proposed CDM project must be located in Singapore.

Carbon Consultants

The carbon consultant the carbon consultant(s) engaged by the project developer must possess demonstrable experience and expertise in developing PDDs and CDM methodologies (e.g. the carbon consultants have served as a consultant to at least one other registered CDM project).

*We recommend that you thoroughly assess the capabilities of the carbon consultant that you are selecting to ensure that it matches your needs and requirements well.

Effective Date

The CDM Documentation Grant is effective from 14 August 2008

Disbursement of Grants

All disbursements of grants will be made on a reimbursement basis.

Installment	Grant Quantum	Timeline
1st installment	Disbursement of 40% of the approved grant upon formalisation of contractual agreement between the project developer and the carbon consultant.	This contract is to be signed within 3 months from the issue of the grant's Letter of Offer by NEA.
2nd installment	Disbursement of the next 50% of the approved grant upon successful validation of the proposed project by one of the CDM Executive Board’s (EB) operational entities (DOE).	The initial submission of the PDD to DOE must be within 18 months from the issue of the Letter of Offer.
3rd installment	Disbursement of the last 10% of the approved grant upon successful registration of the project by the CDM	Registration by the EB should take place within 3 years from the issue of the Letter of Offer