GenZero

𝗢𝘃𝗲𝗿𝗰𝗼𝗺𝗶𝗻𝗴 𝗣𝗮𝗿𝗮𝗹𝘆𝘀𝗶𝘀: 𝗧𝗵𝗲 𝗧𝗶𝗺𝗲 𝘁𝗼 𝗔𝗰𝘁 𝗶𝘀 𝗡𝗼𝘄 In a world grappling with economic uncertainty and shifting climate policies, one question looms large: Will inaction and indecision push us further into #climate paralysis? The reality is stark – climate change is not a distant threat; it’s happening now, impacting lives, livelihoods, and the delicate balance of our planet’s biodiversity. Take the emperor penguin, a species on the frontline of climate change. As rising temperatures melt Antarctic ice, their habitats – and their future – hang in the balance. This is why, as part of Temasek’s Ecosperity Week 2025, we’re bringing together global leaders, innovators, and changemakers at the 𝗚𝗲𝗻𝗭𝗲𝗿𝗼 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗦𝘂𝗺𝗺𝗶𝘁 (𝟱 – 𝟴 𝗠𝗮𝘆, 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲) to tackle one of the biggest challenges of our time, and overcome climate paralysis. Through action-driven discussions, we will confront the barriers stalling progress and unlock pathways to real, scalable climate #solutions. We are just six weeks away – 𝗺𝗮𝗿𝗸 𝘆𝗼𝘂𝗿 𝗰𝗮𝗹𝗲𝗻𝗱𝗮𝗿𝘀 and be part of the momentum for change. Stay tuned for updates! 📌 Learn more: https://lnkd.in/gKjAR4df #GenZeroClimateSummit2025

Nestled in the heart of one of the world’s greenest cities, the Singapore Botanic Gardens is a prime example of Singapore’s commitment to integrating nature into its urban landscape to build a “City in a Garden”. Spanning 82-hectares, the #Garden is home and a sanctuary to approximately 3,000 species of tropical and subtropical plants and a whole spectrum of fauna ranging from arachnids to the oriental pied hornbill. #Singapore was also the first Southeast Asian city to host the 8th Global Botanic Gardens Congress. The Congress convened leading thought leaders and technical experts in this space to discuss the pressing challenges posed by global #biodiversity loss and #climatechange. GenZero was proud to support the 8th Global Botanic Gardens Congress as we believe that protecting and conserving #nature should start in our very own backyards. 🌳 In recognition of our partnership for the Congress, GenZero was accorded our very own bench in the world’s first tropical botanic garden to be inscribed as a UNESCO World Heritage Site. To commemorate this occasion, #TeamGenZero held our first ever ‘Pet Club’ outing and brought both human and furry friends on a little trek around the Gardens, soaking up the sun and nature. 👀 Have you ever spotted the #GenZero bench in the Singapore Botanic Gardens? If you see it, please snap a photo and tag us! Hint: It’s near the Jacob Ballas Children’s Garden. 📸 Featuring the Humans and Dogs of GenZero 🐕❤️

“The establishment of domestic carbon market exchanges across the region should not be viewed as competition,” said GenZero's Edmund S. at Carbon Pulse's #CarbonForwardAsia event last week. “It’s more about #collaboration, sharing the #capacitybuilding, and learning from international best practices. It is key to establish a firm foundation and commit to a common understanding with regards to underlying principles such as #integrity. Aligning with #internationalstandards will also be critical in order to attract international investment and accelerate the implementation of #carbon projects in the region." #ASEAN has the potential to be a key participant in carbon markets globally. To pave the way to build a robust regional carbon market, there needs to be clearer rules, strong use cases for demand, and enhanced clarity of legal frameworks. As individual markets in the region implement their #domestic carbon markets, they will need to strike a #balance between pursuing #national interests and aligning with #international standards. This would allow markets to simultaneously scale decarbonisation solutions locally and tap opportunities globally. Thanks once again to Carbon Pulse's Stian Reklev, Sonja van Renssen and Michelle Whitfeld for inviting us to be part of the event. Read more in Carbon Pulse’s coverage at: https://lnkd.in/gFYGYahv #Flashback to last week's panels at Carbon Forward Asia below. Singapore Sustainable Finance Association (SSFA)

“To all the amazing women in the office, your dedication, strength, and creativity inspire us every day! We celebrate you today and always. Thank you for making the workplace better.” – From the men of #TeamGenZero This month’s lunch engagement at #GenZero saw the team taking a pause during a hectic mid-week to honour and recognise the impact and achievements of all our women in #sustainability who are leading the charge – both at home and at work – for a better, greener, and more equitable future. The whole team came together to celebrate International Women’s Day (#IWD2025) over nasi tumbeng, a traditional Indonesian dish typically eaten during special occasions, homemade Teh Tarik (‘pulled’ by our very own male colleagues) and flowers for the women of GenZero. From our team to everyone, Happy International Women’s Day 💚 #InternationalWomensDay

Ahead of International Women’s Day this week (#IWD), GenZero's Head of Investments Kimberly Tan shared her views in an op-ed published by The Straits Times on how #empowering women can accelerate #climateaction, and unlock significant #economic and #environmental value. The business case for women at the #country, #corporate and #household level: 🏛️ Countries with more women in parliament adopt stronger climate policies 👩💼 Companies with diverse boards cut carbon emissions faster 🌱 Women in rural communities are leading impactful conservation and sustainability efforts With a potential US$7.7 trillion economic upside, the question isn’t why we should invest in #women - but how fast we can scale the mainstreaming of gender equality across our homes, workplaces, and nations. “Gender equality isn’t just a social issue—it also drives better climate and financial outcomes… The dividends are too significant to ignore—for our economies, our environment, and our shared future.” 🌎 💚 Read the full article here: https://lnkd.in/g4aeRec2

“The evolution of carbon markets has somewhat come full circle. From the #compliance-driven Kyoto era to the rise of #voluntary markets led by private sector initiatives, and now, back toward a framework that requires stronger regulatory oversight. The relationship between voluntary and compliance markets is evolving in ways that shape the future. For instance, we see that compliance frameworks are increasingly acknowledging independent standards that historically served primarily the voluntary market. This gradual alignment reflects a growing recognition of shared principles of environmental #integrity of carbon credits, fostering greater coherence between the two systems. As we approach 2050, balancing regulatory oversight with market-driven action will be key to ensuring carbon markets effectively support global #climate goals.” Last week, Edmund S., from GenZero’s Policy & Analytics team, took the stage at Commodity Trading Week APAC to explore the role of 𝗰𝗮𝗿𝗯𝗼𝗻 𝗰𝗿𝗲𝗱𝗶𝘁𝘀 𝗮𝘀 𝗶𝗻𝘃𝗲𝘀𝘁𝗮𝗯𝗹𝗲 𝗮𝘀𝘀𝗲𝘁𝘀 as well as deep dive into 𝗿𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀 𝗮𝗻𝗱 𝗺𝗮𝗿𝗸𝗲𝘁 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀. Key takeaways: 📈 Structuring carbon projects as investable assets is crucial for scaling carbon finance. There remains significant opportunity to broaden investor participation in carbon as an asset class. Establishing pricing, valuation, risk, and trading mechanisms will build market confidence and unlock #investment at scale, especially from institutional investors. 🌍 Carbon markets are driving #innovation in climate action. Carbon credits help to finance solutions that would otherwise be financially unviable, such as early-stage technologies like direct air capture and near-term solutions like nature-based solutions. The market is also maturing in its understanding of integrity, with tools such as carbon credit #ratings informing buyers and investors on the quality of carbon projects. 🌐 The network effect is essential in scaling carbon markets. Demand signals from initiatives like #Article6 and #CORSIA provide incentives for project developers and asset owners to engage, knowing there's a market for carbon credits. This also fosters capacity building, promoting knowledge sharing on robust project development, reporting, and new asset classes like transition credits for early retirement of coal-fired power plants. 🗝️ #Interoperability is key to scaling carbon markets. Amidst the rise of domestic carbon standards in ASEAN and other regions, the alignment of regional frameworks with international standards would enable smoother flows of global finance, attract investment, and drive fundamental #decarbonisation through a unified, scalable carbon market. 💚 We’re grateful to have been part of these engaging discussions and want to give a special shoutout to Manoj Agarwal and Rene Velasquez for moderating the sessions! #genzero #carbonfinance #transitioncredits

GenZero and Mizuho Bank have signed a MoU to partner on the development of #transitioncredits to accelerate the early retirement of coal-fired power plants (#CFPPs). 🌏 CFPPs remain the largest source of carbon emissions globally. By leveraging transition credits, we can create an additional financial stream to help operators retire coal plants early and transition to cleaner alternatives. Our partnership with Mizuho aims to drive greater investment into transition credit projects and deepen collaboration between key stakeholders in #Japan, #Singapore, and beyond. Frederick Teo, CEO of #GenZero, said: “As a major global economy, Japan’s technological capabilities, commitment to climate goals, and active participation in regional and international cooperation makes it an essential market in advancing Asia's #decarbonisation agenda. GenZero and Mizuho will leverage our collective expertise and regional connections to collaborate on energy transition opportunities, build greater awareness for transition credits, and unlock opportunities to support coal-to-clean initiatives. We look forward to working with Mizuho and other like-minded partners to scale decarbonisation efforts, and to drive clean energy transitions, especially in Asia.”   Shinichi Tsunoda, Executive Officer and General Manager, Sustainable Business Promotion Department, #Mizuho Bank, said: “Transitioning away from coal-fired power, which is currently a core source of power, is critical to decarbonisation in Asia. One of the bigger challenges is the question of who will bear the transition costs and how they will do so. By ensuring fair evaluation of decarbonisation initiatives and fair sharing of costs across regions, transition credits open a path for quickly withdrawing from coal-fired power while avoiding economic drawbacks. GenZero is a leader in this field, being a frontrunner driving transition credits efforts. Therefore, entering into this partnership to expand adoption of transition credits with GenZero is a significant step for Mizuho. Going forward, we will work together to positively contribute to a just transition in Asia.” 🔗 Read more in our media release: https://lnkd.in/gSmD_VvC #TransitionCredits #Coal #EnergyTransition

♻️ Around 8% of global #CO2 emissions come from the #cement industry, making it one of the most urgent challenges in industrial #decarbonisation. GenZero is proud to co-lead a new Series B funding round for Terra CO2 Technology, a US-based low-carbon building materials company, alongside Just Climate and Eagle Materials. Seed and Series A lead investor Breakthrough Energy Ventures also participated in this round. The fresh funding is expected to accelerate the commercial deployment of #Terra's #OPUS technology, the expansion of production facilities in North America, and initial expansion into Europe. ⭐ Kimberly Tan, Managing Director and Head of Investments at #GenZero, said: “We invest in commercially scalable technologies with the ability to deliver deep decarbonisation impact in hard-to-abate sectors such as the built environment.” “Terra’s proprietary technology is a present-day, accessible solution, which has undergone extensive testing and garnered significant commercial traction from potential customers. This means it can deliver immediate decarbonisation benefits while addressing the demands of urban development and the industry’s stringent performance requirements.” 🔗 Read more in our media release at: https://lnkd.in/gYhrDHjF

✈️ Governments, airlines, and airports have set ambitious net-zero targets by 2050. To achieve this, sustainable aviation fuel (#SAF) supply must scale up by approximately 𝟭,𝟲𝟬𝟬 𝘁𝗶𝗺𝗲𝘀, as indicated by industry roadmaps. In support of this effort, GenZero signed a 𝗟𝗲𝘁𝘁𝗲𝗿 𝗼𝗳 𝗜𝗻𝘁𝗲𝗻𝘁 with the International Civil Aviation Organization (#ICAO) Secretary General Juan Carlos Salazar yesterday, alongside Airbus, Boeing, and the International Power-to-X Hub, to establish the 𝗜𝗖𝗔𝗢 𝗙𝗶𝗻𝘃𝗲𝘀𝘁 𝗛𝘂𝗯 - a global financial platform to connect #aviation sustainability projects with investors worldwide. By facilitating direct investment into #sustainability projects, the platform will help scale the production and adoption of SAF, a key enabler in aviation’s path to #netzero. Sharing her views on the importance of catalysing financing towards SAF on a panel at the ICAO Finvest Hub Day, our Investment Director, Antoinette L., spoke about the #financing mechanisms that can help unlock capital towards the global scale-up of SAF and clean aviation fuel technologies. 🔑 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 📜 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗦𝗔𝗙 𝗖𝗲𝗿𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗲𝘀 (#SAFc): SAFc plays an important role in enabling broader customer participation via book-and-claim systems to crowd in additional sources of finance. This in turn helps to lower the green premium and incentivise accelerate SAF adoption. 📈 𝗣𝗼𝗹𝗶𝗰𝘆 𝗮𝘀 𝗮 𝗰𝗮𝘁𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝗴𝗿𝗼𝘄𝘁𝗵: Strong policy frameworks that provide clear demand signals and create an investment-friendly environment are critical to driving large-scale SAF adoption. 🧠 𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝘁𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝘁𝗼 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗼𝘂𝘁𝗵: Technical assistance, training programs, and collaborative research initiatives will help build expertise in developing states, allowing them to integrate SAF technologies and participate in aviation decarbonisation efforts. ✅ 𝗣𝗶𝗹𝗼𝘁 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲: Real-world SAF demonstration pilot projects help showcase SAF usage in commercial aviation. By providing real-world data and performance metrics, these pilots can serve as proof of concept, easing concerns among investors and stakeholders regarding the feasibility and reliability of SAF. A big thank you to Andrew O’Henley for moderating the panel, and to fellow speakers Marcel Kägi, Frank Mischler, and James Falzon for an insightful discussion! 📺 Watch the full panel session here: https://lnkd.in/gjWH_rgv ❗ Read more about the Letter of Intent in our press release here: https://lnkd.in/gJH7NVqX #GenZero

💰 The energy transition in Asia Pacific (#APAC) will require massive #investment. GenZero and BloombergNEF estimate that an aggregate of ~US$89 trillion by 2050 is needed to reach net zero. 📈The APAC region will require annualised investments in low-carbon technologies to triple to US$2.3 trillion over 2024-2030 to achieve #netzero by 2050. Such investments need to come alongside long-term policy signals and willingness to divert investment away from fossil-fuel based pathways. ♻️Carbon markets can play a key role in channelling funds into decarbonisation efforts across the region. By providing financial incentives for emissions reductions and redirecting capital away from fossil fuels, carbon markets can accelerate the pace of change. #Transition credits provide an example where carbon credits could facilitate the early retirement of coal-fired power plants 🏭 While subsidies for #decarbonisation technologies need to be well-designed, higher and more stringent carbon prices are also required to drive decarbonisation, particularly for hard-to-abate sectors such as steel, cement, and aviation. 📊Without a high carbon price, low-carbon solutions using #hydrogen and carbon capture and storage (#CCS) technologies won’t be economically competitive. To be effective, a market’s carbon pricing mechanism needs to be sufficiently high and should cover a significant share of emissions. 💡 As low-carbon technologies tend to require high capital expenditure, it is critical to accelerate access to affordable financing and debt. Lower financing costs improves their cost-competitiveness and facilitates a more rapid scale-up. Scroll for a summary of what needs to do done to enable the scaling up of finance for APAC’s energy transition 👉   🌟 For more in-depth insights and more data on financing the energy transition, read our report here: https://lnkd.in/gdWUXd5t