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Temasek launches investment subsidiary GenZero, focused on decarbonisation

Jovi Ho
Jovi Ho6/6/2022 12:45 PM GMT+08  • 5 min read
Temasek launches investment subsidiary GenZero, focused on decarbonisation
Frederick Teo, CEO-designate, GenZero and managing director, sustainable solutions, Temasek International, and Steve Howard, chief sustainability officer, Temasek International. Photo: Temasek
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Temasek announced today the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally. The state investment company also committed an initial amount of $5 billion into the subsidiary.

GenZero will invest globally across three focus areas: technology-based solutions, nature-based solutions and carbon ecosystem enablers.

On technology-based solutions, GenZero has invested in Newlight, a US-based manufacturer of biomaterial produced from methane to displace plastics.

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