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Issue 147: GIC, Temasek find adaptation opportunities; Singapore, Malaysia grow private green finance

Kenneth Lim
Published Fri, May 9, 2025 · 07:00 PM
    • Climate adaptation and resilience will need US$500 billion to US$1.3 trillion of funding globally every year until 2030, Temasek estimates.
    • Climate adaptation and resilience will need US$500 billion to US$1.3 trillion of funding globally every year until 2030, Temasek estimates. ILLUSTRATION: KENNETH LIM

    This week in ESG: Singapore’s sovereign wealth investors find adaptation potential; South-east Asia’s private green finance reaches US$8 billion in 2024

    Sustainable investing

    Adaptation in the spotlight

    The likelihood and extent of climate-related losses and damage have increased, with global warming likely to breach the 1.5-degrees Celsius threshold and possibly even 2.0 deg C.

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