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Some services do have local development options, EventBridge is not one of them. In either case, it is usually recommended to works with the cloud and not locally.
Each developer should create their own environment with their own resources, including EventBridge. This can be done by using an account for developer (the preferred option) or by using a single development account with different names to the different environments.
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Isn't a single development account more cost effective?
Not really. If you deploy a different environment for each developer, you are still deploying the same number of environments. Further more, by using multiple accounts, you can gain benefits from free tier in each one of them.