At the Unlocking Capital for Sustainability 2023 event, Richard Mattison highlighted optimism for energy transition to sustainable alternatives to combat climate change, with a projected 25% reduction in greenhouse gas emissions by 2050. Challenges include capital, development periods, and historical investment returns, but recent improvements show promise, with climate tech exits reaching US$114 billion in 2021. While SPACs offer resources for climate tech companies, a long-term, meticulous approach is needed for successful energy transition in Southeast Asia, akin to deep tech investment, emphasizing research, development, and technical understanding.
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4 Singaporeans evacuated, 7 others given help to leave Iran amid conflict with Israel: MFA
SINGAPORE has evacuated four citizens from Iran amid the escalating Iran-Israel conflict, with a family of three transported to Muscat, Oman, and another Singaporean evacuated to Turkmenistan with Malaysians. The Ministry of Foreign Affairs is assisting seven additional Singaporeans leaving through the Iran-Armenia border and the port of Bandar Abbas, while advising all citizens in Iran to remain vigilant and consider departing as soon as possible. Need More Context? 🔎
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