Sustainability
IFC commits $25M to Seraya Partners Fund II to support sustainable infrastructure development in Southeast Asia
The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has committed $25 million to Seraya Partners Fund I, a private equity infrastructure fund managed by Seraya Partners, to support sustainable infrastructure development in Southeast…
From decarbonization to de-plasticization: Why Asia’s next climate deals will be blue
How technology, data, and urban prevention infrastructure are turning ocean health into the next scalable climate investment theme in Asia
LC Wakaful Digital launches Malaysia’s first registered social exchange platform
LC Wakaful Digital Sdn Bhd (LCWD), a wholly owned subsidiary of Gobarakah Tech Sdn Bhd, announced Thursday the official launch of Impakrintas, Malaysia’s first Social Exchange platform, following the Securities Commission Malaysia’s (SC) announcement on LCWD’s appointment as the inaugural Social Exchange Platform operator on February 12.
SC names LCWD as first Social Exchange Platform operator in Malaysia
The Securities Commission Malaysia (SC) announced Thursday the appointment of LC Wakaful Digital Sdn Bhd (LCWD) as the first Social Exchange Platform operator in Malaysia.
Fullerton Fund makes first SEA climate investment in Thailand’s PyroEnergie
Singapore-based Fullerton Fund Management announced Wednesday that the Fullerton Carbon Action Fund has successfully completed an investment in Pyro Energie, Thailand’s recycler of end-of-life tires.
Johnson Controls expands Singapore Innovation Center for rising demand on sustainable data center solutions
Johnson Controls, a global sustainable buildings firm, announced Monday the expansion of its Innovation Center in Singapore with a five years investment of up to $60 million, marking a key milestone in its commitment to accelerating sustainable data center solutions across Asia Pacific.
Why data center power demand is the next big energy crisis
Underestimating the skyrocketing power demand of data centers is a recipe for disaster. Fortunately, vital stakeholders have taken measures to prevent an impending crisis from occurring and mitigate its impact on other industries.
Yinson Production Ghana and KNUST inaugurate Ghana’s first net-zero carbon emissions lab
Yinson Production Ghana, in collaboration with the Kwame Nkrumah University of Science and Technology (KNUST) and the Petroleum Commission of Ghana, has commissioned the Net-Zero Carbon Emissions Lab (NCEL), Ghana’s first specialized facility for scientific carbon measurement, emissions modelling, decarbonization research, and industry-focused training.
Swedfund invests $20M in Vietnamese EVF General Finance JSC for climate action
Sweden-based Swedfund is investing in Vietnamese EVF General Finance JSC (EVF) through a loan of up to $20 million.
IFC provides $70M financing to Malaysia’s XSD to boost environmentally responsible paper production
To create jobs and promote sustainability in Malaysia’s paper industry, the World Bank Group, through its private sector arm the International Finance Corporation (IFC), has announced a partnership with XSD International Paper Sdn Bhd (XSD), a manufacturer of coated duplex board paper and grey board in Malaysia.
