Sustainability
BEYOND WEEK 2024 | ORIGIN: Asia Tech Conference – Unleashing Potential, Reimagine Future
ORIGIN: Asia Tech Conference was held in Macao this year as part of the BEYOND Week partner event. This year’s theme is ‘Unleashing Potential, Reimagine Future’.
ADB supports Alternergy’s first green corporate loan
The Asian Development Bank (ADB) is supporting Alternergy Holdings Corporation (AHC), a listed Philippine renewable energy developer, in securing its first green corporate loan.
ADB doubles climate financing as transactions hit new high
The Asian Development Bank (ADB) said Thursday it doubled to $1 billion the amount of climate financing from its private sector operations in 2023, with 75 percent of its projects including climate-related funding.
Ficus Capital partners INCEIF University to launch ESG-i assessment framework for MSMEs in Malaysia
Ficus Capital (Ficus), a Malaysia-based venture capital firm, have in collaboration with INCEIF University, to launch an environmental social and government Islamic (ESG-i) assessment framework to empower micro, small and medium enterprises (MSMEs) in Malaysia with sustainable practices.
Innovate UK Global Incubator Program back in Singapore to boost clean tech ventures
The Innovate UK Global Incubator Program, a collaborative initiative between Singapore Deep Tech Alliance (SDTA), Better Earth Ventures (BEV), and Innovate UK, has returned to Singapore to boost clean tech ventures.
Philippine climate tech firm Humble Sustainability secures additional funding for expansion
Philippine climate technology startup Humble Sustainability (Humble) has secured additional funding to expand its operations and scale its business. The funding round was led by Asia-focused venture capital firm, Gobi Partners, through the Gobi-Core Philippine Fund (Gobi-Core).
Bursa Carbon Exchange to soon begin offering Malaysian carbon credits via aution
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, will be hosting an auction of its first Malaysian carbon credits on 25 July 2024.
Indonesian carbon management provider Jejakin secures $2.7M new funding
Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of $2.7 million. Notable corporates include PT ITM Bhinneka Power, along with other significant venture capital firms in Southeast Asia and corporates such as Indogen Capital, SMDV and East Ventures.
Australia’s MetroElectro secures $680,000 from Wavemaker Impact to develop mid-sized renewable power plants
MetroElectro, a climate tech startup based in Australia, has secured AUD 1.04 million ($680,000) from Singapore-based climate tech venture builder Wavemaker Impact to develop mid-sized renewable power plants.
India-based real estate decarbonization platform Accacia raises $6.5M in pre-series A round led by Illuminate Financial
Accacia, a decarbonization platform focusing on the real estate and infrastructure sectors, has closed a $6.5 million in a pre-Series A round led by Illuminate Financial, a venture capital firm focused on enterprise fintech companies.
