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Bumpy road to net-zero carbon emissions: Temasek

Jovi Ho
Jovi Ho7/14/2022 09:03 PM GMT+08  • 3 min read
Bumpy road to net-zero carbon emissions: Temasek
Speaking at the release of Temasek Review 2022 on July 12, representatives from state-owned investor Temasek (pictured) warned of a fragile global economy that may stunt Singapore’s growth in the year ahead. Photo: Samuel Isaac Chua/The Edge Singapore
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Temasek has been pushing the sustainability agenda aggressively, mainly through its annual Ecosperity Week conference, with the most recent edition held in June.

The state-owned investor has also lifted its internal carbon price from US$42 ($58) per tonne of carbon dioxide equivalent (tCO2e) to US$50. It expects to increase this price progressively to US$100 by the end of this decade.

By 2030, Temasek aims to halve net carbon emissions by its portfolio from 2010 levels to 11 million tCO2e, with plans to reach net-zero carbon emissions by 2050.

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