GenZero

In order to reach a 1.75°C warming outcome, APAC will have to apply a “tough but credible” approach, such as phasing out fossil fuels, according to a new report by BloombergNEF and GenZero.

Former C-Quest Capital CEO Kenneth Newcombe was indicted on wire fraud and commodities fraud charges. C-Quest lists on its website Macquarie Group and Temasek Holdings’ GenZero as among its backers.

Under the agreement, Rwanda and GenZero will collectively study and assess the potential for Article 6 projects.

When completed, this project is expected to be one of the first converted coal plants in the world to generate transition credits.

SCMA’s more than 50 member companies include Google Asia Pacific, Sembcorp Industries, Changi Airport and GenZero.

Temasek, GenZero, Breakthrough Energy Ventures and Wavemaker Impact first introduced the joint venture in October 2022.

South Pole announced in February 2022 that Temasek subsidiary GenZero had taken a minority stake.

The conference explored Southeast Asia's renewable energy transition, blended finance and voluntary carbon markets.

The centre will focus on novel projects in the region, including the early decommissioning of coal-fired power plants.

By the early 2030s, US$4.5 trillion will be needed annually to deploy clean energy tech, up from US$1.8 trillion in 2023.