Sustainability

Singapore’s Temasek allocates $3.64B for decarbonization investment platform

Singapore state investor Temasek said Monday it has commited an initial amount of S$5 billion ($3.64 billion) to establish GenZero, an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world.

ESG investing means funding more female entrepreneurs

Improving women’s access to finance could boost global economic output by up to $28 trillion by 2025, according to the International Finance Corporation (IFC).

Climate financing: A failure of current systems of accountability?

As we seek better and tighter structures to dish out climate finance, there is increasing rhetoric on both the good and bad that blockchain technology brings. It is up to us as global citizens, global communities, and companies to band together and call upon greater accountability for the survival of our planet.

The social imperative for start-ups to grow

It has become imperative for businesses to consciously and intentionally incorporate social purpose and impact into their business model early on.

Climate tech startup Allinfra raises $6M in Series A funding round led by Nomura

Allinfra today announced the closing of its Series A funding round. Headquartered in Hong Kong, the company develops enterprise software designed to help institutions across a range of industries achieve their sustainability goals.

CBDCs, Carbon Credits, and the carbon constrained world

Drawing experiences from the gold mining and oil digging era, it is always about control of resources. Those in control of the technology to harvest the minerals can endlessly exploit countries with the mineral resources but are unable to harvest. The ones who made the most money during the gold rush were selling the pickaxes and wheelbarrows. Similarly,…

The climate change reality for businesses

A climate of economic, policy, and market uncertainty has prompted many companies to take a cautious approach towards climate change. Under these circumstances, it's not surprising that Small and Medium-sized Enterprises (SMEs) are generally reluctant to put climate risk at the forefront of their priorities. Many are still trying to understand the…

Singapore’s UOB The FinLab launches The Greentech Accelerator to support greentech startups

Singapore UOB innovation accelerator The FinLab unveiled Thursday The Greentech Accelerator, a new, global programme aimed at supporting innovative greentech solution providers regionally and globally to drive their company’s sustainable mission forward. As part of the first cohort, the programme will focus on greentech solutions including energy…

Singapore’s OCBC Bank partners Digital Exchange MVGX to develop new green financing solutions

Singapore's OCBC Bank and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore, on Monday announced a strategic partnership to develop new green financing solutions aimed at accelerating large corporates’ journey to carbon neutrality.

Vietnam sustainability firm EQUO raises $1.3M seed funding led by NextGen Ventures

Vietnam-based sustainability company EQUO said Tuesday it has raised $1.3 million seed funding led by NextGen Ventures with participation from Techstars and East Ventures. Prominent angel investors Luke Vigeant of Shed Capital; Jeff Hohner of Tecumseh Capital; Jack Tai, Chief Executive Officer and Co-Founder of OneClass; Mark Groves, Founder of Create The…