Singapore's Temasek sets aside $77 million to support climate action initiatives
SINGAPORE - Singaporean state-owned investor Temasek said on Monday that it is setting aside S$100 million ($77.43 million) as a community gift to support climate action initiatives that will accelerate the green energy transition.
Temasek Commits S$100 Million to Climate Action Initiatives
Singapore's state investor Temasek announced that it has committed S$100 million towards combating climate change.
Temasek commits $100m to climate action projects as it celebrates 50th anniversary
The funds will come from Temasek’s community gifts, which are philantrophic in nature. Read more at straitstimes.com.
Temasek commits $100m for climate action initiatives
It aims to help achieve the 1.5 degree climate goal. Temasek Holdings has committed $100m from its community gifts to fund climate action initiatives, providing financing to address market barriers, announced Chairman Lim Boon Heng during the firm's 50th anniversary dinner.
Temasek to provide S$100m in concessional capital to support climate action
The concessional capital will provide “more flexible, patient and favourable financing” to support marginally bankable projects that contribute to climate action, says Temasek's chairman Lim Boon Heng.
Singapore's Temasek sets aside $77 mln to support climate action initiatives
Singaporean state-owned investor Temasek said on Monday that it is setting aside S$100 million ($77.43 million) as a community gift to support climate action initiatives that will accelerate the green energy transition.
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