Temasek launches investment firm to quicken global decarbonisation

GenZero will focus on decarbonisation solutions to deploy long-term capital.

With the urgent need to resolve the climate crisis, Temasek launched GenZero, an investment firm aimed at boosting decarbonisation solutions worldwide.

GenZero, a wholly-owned investment platform firm, aims to focus on decarbonisation solutions with its ability to deploy flexible and long-term capital. 

“It invests in opportunities ranging from early-stage companies and solutions that require patient capital to commercialise and grow, to more mature ones that are ready to scale,” read the statement from Temasek.

The newly launched firm will focus on investment in “technology-based solutions that deliver deep decarbonisation impact through climate-driven technologies, nature-based solutions that help protect and restore our natural ecosystems to generate climate impact while benefiting local communities and biodiversity, and carbon ecosystem enablers which refer to companies and solutions that support the development of an effective, efficient, and credible carbon ecosystem.”

Also, GenZero will be managed by its designated CEO, Frederick Teo, who is also the managing director of sustainable solutions at Temasek International. Teo, who has almost 12 years of leadership positions in Temasek, will assume the CEO post on 1 July 2022.