“Climate fund targets $2.5 billion in clean energy investment for SE Asia” – Reuters – July 29, 2020

On July 29, 2020 Reuters reported that a “new climate fund backed by philanthropic donors is aiming to trigger $2.5 billion of clean energy investment in Southeast Asia and aid the region’s green recovery after the coronavirus.

The South East Asia Clean Energy Facility (SEACEF) is managed by Singapore-based Clime Capital, with an initial investment of $10 million and a focus on getting new projects underway in Vietnam, Indonesia and the Philippines.

‘We need to mobilise billions to make a meaningful impact on climate change,’ said Mason Wallick, Clime Capital’s managing director, who sits on the SEACEF investment committee.”

You may read the article on the Reuters internet site.