A carbon bridge linking Singapore, South Africa and the global carbon market | Press Releases | Asia

TransEnergy Global (TEG), a Singapore-based company pioneering the transition from coal to clean energy, and Aither Global Carbon (AGC), a leading investor in carbon credit and clean energy projects, will hold an invitation-only roundtable in Singapore on 14th January focussed on the future of the global carbon market. The event will feature a first look at TransEnergy’s Project Mzansi in South Africa, expected to be the world’s largest carbon credit project.

A Carbon Bridge Linking Singapore, South Africa, and the Global Carbon Market: The roundtable event deepens a critical connection between Singapore and South Africa, and serves as a bridge to link the two regions with the global carbon market. Supported by AGC, and with participation from the South African High Commission, the event will highlight the power of cross-sector and international collaboration in addressing the climate challenge at scale.

Once operational, Project Mzansi will ensure one major coal reserve, which otherwise would have been mined for decades, remains in the ground and undisturbed for at least 100 years. The revenues from high-integrity carbon credits generated by the significant emissions avoided by the coal abatement will be reinvested into renewable energy development, biodiversity and community impact programs.

“Project Mzansi goes beyond mitigating emissions to build a sustainable and equitable energy future at scale,” said Duncan Ward, Group Managing Director of TransEnergy Global. “Singapore is the perfect platform for discussions like these, given its role as a global leader in carbon finance. This event provides an opportunity to connect with the visionaries shaping the global carbon market and explore partnerships that drive transformative impact.”

“The carbon market is a critical driver of the global energy transition,” said Brad Moreland, Group Managing Director of TransEnergy Global. “TransEnergy’s innovative methodology, which prevents emissions from coal mining while reinvesting carbon credit revenues into renewable energy and community development, highlights the transformative potential of partnerships like ours with AGC to deliver meaningful climate solutions and real-world impact.”

“Our partnership with TransEnergy is an exciting opportunity to push the boundaries of what carbon markets can achieve,” said David Mandiya, Partner at Aither Global Carbon. “By combining AGC’s expertise in climate finance with TransEnergy’s innovative approach to coal abatement, we are creating a blueprint for impact – scalable solutions that address climate change while driving economic and social progress globally.”

Event details:

• Event: TransEnergy Global & AGC Carbon Markets Roundtable
• Date: January 14, 2025
• Location: Singapore

This exclusive event offers participants unparalleled networking opportunities and unique insights into the leaders, projects, and strategies driving the global transition to a carbon-neutral future.

About TransEnergy Global

A Singapore-based innovator pioneering a coal to clean energy transition through innovative coal abatement carbon credit projects in South Africa. The company acquires economically viable coal reserves, ensuring they remain in the ground for 100 years, while investing in renewable energy solutions for South African communities. A significant portion of the carbon credit revenues will support social impact programs focussed on food security, climate-smart agriculture, education and healthcare, driving meaningful poverty reduction.

About Aither Global Carbon

Based in Luxembourg and Switzerland, Aither Global Carbon is a leading climate finance organisation dedicated to funding projects that accelerate meaningful climate action and drive systemic change. AGC enables private capital to enter the accelerating sector of decarbonising the global economy.

Media Contact:

TransEnergy Global

Duncan Ward

GROUP MANAGING DIRECTOR

P. +34 691375413

E. duncan@transenergy-global.com

Aither Global Carbon

Marco de Lellis

CHIEF OPERATING OFFICER

P. +39 335394649

E. fm.delellis@aitherglobalcarbon.com

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