Temasek's interest in nature-based investments grows
Genetic code-tweaking of trees to absorb more carbon, and sustainable cultivation of forests for wood products, are examples of investment bets being made by the Singaporean state-owned investor to address climate change.
In an example of how asset owners are looking at new nature-based solutions to offset the impact of carbon emissions while diversifying portfolios, Singapore’s Temasek participated earlier this year in an early-stage funding round for a company developing a plant “engineered for carbon removal”.
Living Carbon, which bagged $21 million in the funding round announced in January, tweaked the genetic code of poplar trees to develop a hybrid version that absorbs more carbon.
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