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Temasek's GenZero: Carbon finance's big opportunity for EMs

Carbon finance can incentivise climate action and be especially useful for emerging markets that don't have funds to carry out nature-based restoration or conservation projects, says a GenZero executive.
Temasek's GenZero: Carbon finance's big opportunity for EMs
Well-designed carbon projects and trading mechanisms can mobilise funding and help emerging markets decarbonise, a senior investment executive from Temasek-owned GenZero told AsianInvestor. "Carbon credits and the carbon markets are tools that allow the exchange of a unit of emissions reductions between a carbon-emitting entity and a project that seeks to remove or reduce the amount of carbon emissions in the atmosphere," said Hoon Ling Min, director in the investment group at Gen…
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