A demanding client experience
We aim to offer rigorous, responsive advice that connects a client’s context to international expertise and practical delivery.

Cibola Partners is an international consulting firm specialising in strategy and climate finance. Our history combines the legacy of Carbonium with a long-term commitment to the ecological transition.
Cibola Partners accompanies the actors of change through the profound transformations affecting our societies, while contributing to lifestyles and economies that move towards a zero-carbon model.
We aim to offer rigorous, responsive advice that connects a client’s context to international expertise and practical delivery.
We seek to create durable value for our clients, the planet and future generations through each assignment.
Following work with the World Bank and the United Nations, Alexandre Borde founds Carbonium to address the need for international environmental and climate expertise.
The firm begins working across developing and emerging countries in Asia, Latin America and Africa, initially on Kyoto and Clean Development Mechanism projects.
Carbonium strengthens its work with major corporations and enters a strategic partnership with Statkraft.
Philippe Coste joins as CEO and the Strategic Committee is created.
The firm supports countries on emissions-reduction and adaptation strategies and contributes to the climate-negotiation context around COP21.
Cibola Partners is created to bring Carbonium’s network and expertise to private climate finance and cleantech innovation. Yang Zhang joins as Managing Director.
Cibola Partners becomes an Accredited Observer to the Green Climate Fund and supports the mobilisation of GCF finance for a Mongolia project.
Cibola Partners takes over Carbonium’s advisory activity, bringing the two histories together.
Our teams and partners connect a Paris base with long-standing presence and alliances in China, Morocco and Colombia. The homepage map shows the broader project footprint.