Climate ChangeSingapore's Temasek and BlackRock venture closes $1.4bn climate fund
Japan's Mizuho and MUFG join investment vehicle to push decarbonization
Decarbonization Partners, a joint venture between Temasek Holdings and BlackRock, on Thursday announced the final closing of its fund. (Source Photos by Reuters and AP)
TSUBASA SURUGA, Nikkei staff writer
SINGAPORE -- A joint venture between Singapore state investor Temasek Holdings and BlackRock, the world's biggest asset manager, has raised $1.4 billion for its first and one of the largest venture capital funds dedicated to investing in firms with technologies to reduce carbon emissions.