Financial Services | CO2 Capture & Storage | Partnership and Collaboration
Allied Climate Partners, IFC, MAS, and Temasek form a green investment partnership to bridge Asia’s climate finance gaps and boost sustainable projects’ bankability. The focus is on Southeast Asia, targeting sectors like renewable energy, electric vehicles, and sustainable transport. The initiative aims to deliver environmental and social benefits through blended finance and collaboration, catalyzing private investment. The partnership, highlighted at COP28, emphasizes public-private cooperation in hastening the transition to a sustainable future.