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Singapore offers grants to support carbon projects in Southeast Asia, aligning with global climate goals.
Singapore's Economic Development Board is awarding grants to support early-stage carbon projects in Southeast Asia, aiming to stimulate growth in carbon markets and align with global climate targets under the Paris Agreement.
This initiative, including a new donor-advised fund, seeks to mobilize more capital for high-integrity carbon projects.
GIC, Singapore's sovereign wealth fund, predicts climate adaptation solutions could generate US$4 trillion in revenue by 2050, highlighting the growing investment potential in climate-related initiatives.
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Singapur ofrece subvenciones para apoyar proyectos de carbono en el sudeste asiático, alineados con los objetivos climáticos globales.