EDB and Temasek Trust's philanthropy advisory arm to boost funding for high-quality carbon projects

A new partnership between the Economic Development Board and Temasek Trust's philanthropy advisory arm aims to plug early financing gaps faced by carbon projects. The partnership will bring more capital to EDB's Carbon Project Development Grant. It is among a slew of initiatives launched at the GenZero Climate Summit 2025 to help move carbon markets along. Rachel Teng reports.