SINGAPORE: Singaporean state-owned investor Temasek said on Monday that it is setting aside S$100 million ($77.43 million) as a community gift to support climate action initiatives that will accelerate the green energy transition.
Temasek said in a statement that the gift, named "Concessional Capital for Climate Action", will provide more flexible, patient and favorable financing to projects that include marginally bankable clean infrastructure projects in Asia.
