Sustainability

IFC partners Association of Banks in Cambodia to boost green finance, support sustainable growth

The International Finance Corporation (IFC) is collaborating with the Association of Banks in Cambodia (ABC) to boost the capacity of local financial institutions in the climate finance space in order to help address climate change impacts and foster a sustainable financial ecosystem.

UOB Malaysia pledges $230M to support Malaysia’s OGSE sector decarbonization and energy transition

UOB Malaysia has on Monday announced that it will provide MYR 1 billion ($230 million) to support Malaysia's oil and gas services and equipment (OGSE) sector decarbonization and energy transition journey.

Petronas Twin Towers in Kuala Lumpur, Malaysia

MIDA inks seven green deals to boost green investment in Malaysia

Malaysian Investment Development Authority (MIDA) has announced seven green deals at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024 last week to boost green investment in Malaysia.

Singapore and Hyundai Motor strengthen joint research in sustainable energy and manufacturing solutions

South Korean automaker Hyundai Motor Group has signed a collaborative research agreement with Nanyang Technological University, Singapore (NTU) to strengthen joint research in sustainable energy and manufacturing solutions.

a close up of a computer motherboard with many components

Navigating sustainability challenges in Southeast Asia’s datacenter boom

As data centers in #SoutheastAsia continue to evolve with advanced power management and sustainable practices, they are poised to reap long-term benefits. By adopting scalable power management solutions and integrating sophisticated heat management technologies, #datacenters can optimize their operations to meet future digital demands without escalating…

Climate Investment Funds eyes $1B decarbonization investment

The Climate Investment Funds, one of the world’s largest multilateral climate funds, has announced the deployment of up to $1 billion in funding as part of CIF’s Industry Decarbonization investment program.

Swiss-founded BE WTR raises $45.45M Series C funding for expansion plans in Singapore and Asia

BE WTR, the Swiss-founded company sustainable and premium water solutions provider, has raised CHF 39 million ($45.45 million) in its Series C funding round for expansion plans in Singapore and Asia.

IFC lends $534M to ENGIE to boost renewable energy in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a landmark green and sustainability-linked loan of €500 million ($534 million) to ENGIE S.A., the parent holding company of the ENGIE Group.

IFC, HSBC Asset Management expand partnership to support sustainability in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have on Wednesday announced an agreement to establish a specialized fund vehicle targeting corporate bond issuers in emerging markets (EM), aiming to increase access to finance and support sustainable growth.

Singapore steps up participation in global offshore wind development with new partnership

Enterprise Singapore (EnterpriseSG), the Association of Singapore Marine & Offshore Energy Industries (ASMI) and the Global Wind Energy Council (GWEC) have signed a memorandum of understanding (MOU) to expand Singapore’s network with the global offshore wind sector and foster more project and innovation opportunities between Singapore and international…