How Temasek and BlackRock are using VC for sustainability
The two investors' new JV underlines Temasek's commitment to carbon neutrality, but other sovereign wealth funds are unlikely to follow with their own venture capital investments.
The decision by Singapore sovereign wealth fund Temasek and fund house giant BlackRock to launch a climate-focused venture capital (VC) firm underlines the interest that sustainability is playing among the world's largest investors.
But while such new initiatives could prove of interest to other SWF peers, it may have limited influence among smaller sovereign wealth funds that tend to be wary of venture capital investing, argue industry experts.
On Monday (April 12), Temasek an…
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