Singapore-based sovereign wealth fund Temasek has committed S$5 billion ($3.63 billion) to set up GenZero, an investment platform that aims to accelerate decarbonization and work to a net zero world.
Deploying long-term and flexible capital including in early-stage companies, the new platform will focus on three initial areas: technology-based solutions, nature-based solutions and carbon ecosystem enablers. GenZero will be managed by a dedicated team of professionals with deep expertise in the investment and sustainability space, led by its CEO-designate, Frederick Teo, who is currently the managing director of . . .
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