Temasek sustainability portfolio value grows to S$49 bln, maintains net zero goal
Singapore sovereign investor Temasek recorded 7% year-on-year growth in its sustainability portfolio value to S$49 billion ($37.8 bln) and opted to maintain its focus on enabling carbon market solutions as a pillar of its net zero goal, according to financial year-end figures published on Wednesday.
Read MoreRich countries overstated “true value” of climate finance to poorer countries in 2024 by ~$100 bln, says non-profit
Wealthy countries inflated the ‘true value’ of climate finance they provided to low- and middle-income countries in 2024 by about $100 billion, with some 65% of the total delivered as loans, many on market terms, according to a non-profit.
Read MoreScaling CDR alongside emissions cuts could halve 1.5C overshoot, study finds
A climate strategy that scales carbon removal (CDR) alongside rapid emissions cuts could reach net zero CO2 seven years earlier than pathways that prioritise either removals or decarbonisation alone, but would face a major geological storage constraint, according to a recent study.
Read MoreCDR MONTHLY: Market consolidates after SBTi update provides long-term boost
June saw the durable CDR market consolidate as developers digested an announcement from the Science Based Targets initiative’s (SBTi) that will see a demand boost in the long term, as monthly contracted tonnes fell to around 350,000 tonnes in deals.
Read MoreInvestment into GHG removal tech slumps 49% YoY in first half of 2026 -report
Investment into GHG capture technologies shrunk 49% year-on-year (YoY) in the first six months of 2026, finds a new report.
Read MoreSingapore-based carbon platform partners with futures exchange to ease carbon trading
A Singapore-based price assessment platform has linked up with a futures exchange to ease trading hedging risk in carbon markets, it was announced Wednesday.
Read MoreSeoul CBD meeting pushes regional cooperation amid High Seas Treaty implementation
Representatives from regional and international organisations gathered in Seoul to discuss ways to enhance cross-sectoral collaboration on marine biodiversity conservation and sustainable use, in support of the Kunming-Montreal Global Biodiversity Framework (GBF) and the High Seas Treaty.
Read MoreVoluntary biodiversity credit sales rise to $119k in June
Sales of voluntary biodiversity credits reached $119,000 in June across 82 transactions, according to a report published on Wednesday.
Read MoreNew Hong Kong carbon platform aims to unlock mainland China credit flows and finance
A Hong Kong-based carbon market platform and financing facility, backed by the Global Carbon Council (GCC), launched on Wednesday with the signing of a memorandum of agreement (MoA) between the parties at IETA’s Asia Climate Summit.
Read MoreBRIEFING: China’s shift to absolute ETS caps may create new model for developing countries
China’s experience in finetuning its national ETS, particularly its transition toward absolute caps, could serve as a model for other developing countries, a conference heard Wednesday.
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