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 $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 Allocates S$100 Million for Climate Action Initiatives
Temasek, a Singaporean state-owned investor, announced a S$100 million community gift named 'Concessional Capital for Climate Action' to support clean energy projects in Asia. The fund aims to provide flexible financing for marginally bankable clean infrastructure projects.
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.
Temasek sets aside S$100 million as concessional capital for climate finance
TEMASEK will be setting aside S$100 million to be deployed as concessional capital for climate-related projects, announced Lim Boon Heng, chairman of the Singapore investment company, on Monday (Sep 23) at its 50th anniversary dinner.
Temasek to set aside $100 mil as concessional capital for climate action
The commitment marks the first time Temasek is contributing concessional capital towards the green transition.
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.
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.
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