SVPCA In Singapore Takes Aim At Climate Change Opportunities

Tom Burroughes

20 April 2023

The , and Marie Cheong, founding partner at Wavemaker Impact. Co-chairs will be Sanjay Gujral, chief business officer, Everstone Group and Milena Nikolova, partner at Aera VC.

Explaining the move, the Association said that Southeast Asia is vulnerable to climate change, so it needs to change its policy in an equitable way.

The organisation said that climate tech venture investing globally grew by more than 40 times over the 10 years to 2022 to $70 billion.

“Climate tech venture investing is still at a very nascent stage in SE Asia and it is an underestimated investment opportunity that can bring significant positive outcomes. In addition to bringing focus to investing opportunities within climate tech, the committee will also bring focus on the role that private capital can play in the commercialisation and scaling up of proven technologies,” it said.