Temasek and BlackRock say their new venture, Decarbonization Partners, is looking to raise US$1 billion for its first fund. Photo: Bloomberg
Temasek’s green push taps into Singapore’s sustainability focus, China’s carbon-neutral drive
- The state investor has teamed up with BlackRock to raise billions for carbon-cutting startups
- The move is aligned with growing Singaporean interest in climate governance, and China’s efforts to attain net zero emissions by 2060, analysts say
Temasek and BlackRock say their new venture, Decarbonization Partners, is looking to raise US$1 billion for its first fund. Photo: Bloomberg