Temasek sees carbon markets as critical to lowering climate action costs

Singapore’s state-owned investment giant Temasek is doubling down on its decarbonisation efforts and actively investing in the creation of a robust carbon market. “Achieving long-term net zero is not possible without a functioning carbon market," Dr. Steve Howard, vice chairman of sustainability at Temasek, told AsianInvestor.  "These markets are incredibly helpful for us to get to the lowest cost of tackling climate change." While compliance carbon markets emanate from nation…