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The Philippine bank is the biggest lender to the US$2.64 billion MTerra Solar project, which aims to provide clean energy to about 2.4 million local households.
Singapore's sovereign wealth fund says the odds of “delayed disorderly transition” and “too little too late” scenarios have risen amid current economic and geopolitical headwinds. State investor peer Temasek is also reviewing its baseline climate scenario.
The ex-chief investment officer for Asia at Morgan Stanley Investment Management will head up the new office tasked with deploying up to US$500 million from the Singapore government towards clean energy infrastructure in the region.
Data centre hubs in the region can meet at least 30 per cent of their electricity demand by the end of the decade with wind and solar, without the need for battery storage, finds a new report by Ember.
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