In case you missed it (unedited), from WSJ (Aug. 15):
Singapore’s state-owned investor Temasek Holdings Ltd. in June set up a new platform to invest in businesses that could help make carbon markets play a bigger role in efforts to contain global warming.
Temasek committed an initial 5 billion Singapore dollars, worth roughly $3.6 billion, to the investment platform, GenZero. Steve Howard, Temasek’s chief sustainability officer, said the move was underpinned by a conviction that the carbon markets, or trading systems in which carbon credits are sold and bought, are going to grow globally—and need to grow—despite uncertainty about how smoothly that will unfold.
(Corrects to spell TemAsek correctly in headline. Blush)