Sustainability
Indian climate-smart deeptech firm Ecozen raises $30M
Ecozen, an India-based climate-smart technology solutions firm, announced last Friday that it has raised $30 million in a mix of debt and equity. This infusion of capital includes continued support from Nuveen and other existing equity investors, and new debt support from InCred Credit Fund and the U.S. International Development Finance Corporation (DFC)…
New Zealand commits $25M for ADB’s Energy Transition Mechanism
The government of New Zealand has committed $25 million to the Asian Development Bank’s (ADB) Energy Transition Mechanism Partnership Trust Fund (ETMPTF) to support the shift toward clean, sustainable energy in Southeast Asia.
MAS sets aside $26M to support upskilling Singapore’s financial services sector workforce in sustainable finance
The Monetary Authority of Singapore (MAS) has set aside SGUD 35 million ($25.7 million) in the Financial Sector Development Fund to support upskilling and reskilling, and develop specialists in sustainable finance over the next three years.
IFC, Amundi raise $436M to support green, resilient, inclusive recovery in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and Amundi, an European asset manager, have raised $436 million to support green, resilient, inclusive recovery in emerging markets
Bursa Carbon Exchange expands to offer renewable energy certificates
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad (Bursa Malaysia), will be hosting its inaugural renewable energy certificates (RECs) auction on June 25, 2024.
Bursa Malaysia announces collaboration with the UK government’s MOBILIST program
Bursa Malaysia Berhad has entered into a collaboration with the United Kingdom government’s Mobilizing Institutional Capital Through Listed Product Structures (MOBILIST) program to enable greater investment to support the energy transition and advance the United Nations’s Sustainable Development Goals (SDGs) in Malaysia.
Nutanix study finds AI, security, sustainability are driving need for IT infrastructure modernization in healthcare
Artificial intelligence (AI), security, and sustainability are driving the need for information technology (IT) infrastructure modernization in healthcare, Nutanix said Thursday.
Malaysia’s solar surge: From 4% to 58% by 2050, can the nation shine bright?
Achieving the full potential of solar energy in Malaysia requires collaborative efforts between the government, industry stakeholders, and local communities. By working together, #Malaysia can realize the numerous benefits of #SolarEnergy while addressing pressing environmental and economic challenges.
Analysts see renewable energy export a new growth driver for Malaysia
Analysts view the Malaysian government's move to set up an energy exchange platform to facilitate cross-border trading of renewable energy positively as it will boost the country's renewable energy industry.
Malaysia sets up energy exchange for cross-border green electricity sales
In line with Malaysia’s energy transition aspiration and commitment to support regional power integration via the ASEAN Power Grid Initiative, the government of Malaysia has agreed to establish Energy Exchange Malaysia (ENEGEM) for cross-border green electricity sales to neighboring countries.
