BNP Paribas

A leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has over 180,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group's commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients.

Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. The Group has a historic footprint in four eurozone markets: Belgium, France, Italy and Luxembourg.

The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

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Novel Outcome Bond Structured by BNP Paribas Funds Ecosystem Restoration

Structured by BNP Paribas, the Spekboom Restoration Outcome Bond mobilises USD$25m of institutional capital for a nature project in South Africa's Eastern Cape region. This $120m 14-year World Bank bond issuance supports large-scale ecosystem restoration, aims to create 11,000 jobs and accelerate sustainable development.

The bond features a unique coupon blending fixed and variable components. The variable coupon is directly tied to carbon removal units (CRUs) generated by the restoration project led by Imperative, a Singapore-based specialist. Amazon's commitment to purchase CRUs at fixed prices via a long-term offtake offers visibility into the cash flows necessary to attract institutional bond investors to support the project. The bond cofinances the Spekboom project alongside institutional investors, including GenZero.

BNP Paribas, through a hedging transaction, channels the financing of the project. This model demonstrates how verified restoration, corporate demand, and public finance turn measurable environmental impact into sustainable financial returns.

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GenZero

GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, it seeks to deliver positive climate impact alongside long-term sustainable financial returns by investing in opportunities with the potential to be nurtured into impactful and scalable solutions.

Driven by a common purpose to decarbonise for future generations, GenZero recognises the need for a holistic and integrated approach to achieve a net zero world. It adopts a flexible investment approach across three focus areas to drive climate impact: (i) nature-based solutions that help protect and restore natural ecosystems while benefiting local communities and biodiversity; (ii) technology-based solutions that deliver deep decarbonisation impact; and (iii) carbon ecosystem enablers that support the scaling of carbon markets and enable broader industry decarbonisation.

For more information on GenZero, visit www.genzero.co.

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Kwahu Landscape Restoration Project (KLRP)

The community-led restoration project in Kwahu, Ghana, led by AJA Climate Solutions (AJA) and supported by GenZero, exemplifies Singapore's commitment to advancing climate action despite global headwinds. Launched in 2024, the project aims to restore 51,000 hectares of degraded land by planting native shade trees alongside plantain, cocoa and other agroforestry crops, regenerating biodiversity and creating livelihoods for up to 25,000 community members through agroforestry and training.

In 2025, the project secured a S$15 million contract in Singapore's first government tender for nature-based carbon credits, demonstrating how ambition is being translated into tangible outcomes. As one of the first projects intended for the Singapore-Ghana Article 6 Implementation Agreement, the project underscores the importance of international collaboration in driving high-integrity carbon markets, delivering real climate impact and socio-economic benefits.

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Restoring Degraded Land in Colombia through Project Brújula Verde

Project Brújula Verde is a landscape-scale afforestation and reforestation project dedicated to recovering degraded land in Colombia's Orinoco River Basin. The project uses a "restoration bridge" approach involving mix of native and non-native species to enhance soil biodiversity and carbon to support the creation of conditions for a sustainable permanent forest over the long term. The project works with local communities to improve access to basic services, education and employment. The operational partner, Inverbosques, is one of the largest private employers in the region.

GenZero has provided patient capital to support the project's expansion to 20,000 hectares and the development of a nursery with a production capacity of 3.5 million native seedlings.

HSBC

Founded in 1865, HSBC is one of the world's largest banking and financial services organisations. Born from one simple idea – a local bank serving international needs – we have been supporting our customers for 161 years. Today, we serve around 41 million personal, wealth and corporate customers worldwide in 56 countries and territories.

HSBC opened its first branch in Singapore in 1877. HSBC in Singapore is a qualifying full bank serving the international banking needs of multinational corporations, local businesses, private banking clients, institutional, and retail customers, reinforcing our presence as a major banking institution and a trusted partner in the financial services sector.

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US$4 Billion Credit Facility for China's Low-Carbon Industries

We've launched a US$4 billion Sustainability and Transition Credit Facility in mainland China to help companies in the clean energy and low-carbon sectors scale internationally, including into ASEAN, and support decarbonisation efforts across the value chain.

The dedicated credit facility will offer financing to eligible businesses operating in a range of sectors, including clean power, electrification of transport, data centres and artificial intelligence.

The initiative reflects our focus on supporting clients to transition and enabling innovation, growth and opportunity. In 2025, China accounted for about 47% of global cleantech exports and about two-thirds of global solar and battery exports, according to BloombergNEF.

As companies in China look to expand internationally to meet this demand, we'll aim to help them deliver clean technologies and solutions to market more efficiently by increasing credit limits for eligible companies, streamlining credit approvals and developing tailored financial solutions.

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Accelerating Adoption at Scale: HSBC Climate Tech Initiatives and Future Industries Partnership

HSBC's Industrial Innovators Programme (IIP) and the Future Industries Partnership (FIP) are complementary routes to accelerate industrial decarbonisation. IIP focuses on near-term corporate pilots, while FIP helps climate tech ventures build capability and access capital to scale.

IIP: HSBC convened select Singapore-based corporate clients across sectors (real estate, healthcare, logistics, manufacturing, agriculture, maritime) to connect with startups offering TRL 6+ solutions ready for pilots, targeting breakthroughs that cut waste and improve the use of energy, water and materials amid tighter regulation, supply-chain assurance needs and resource volatility.

FIP: HSBC's philanthropic initiative, delivered by Third Derivative and Founders Factory, supports climate tech in hard-to-abate sectors across Asia and the Middle East through technical and commercial support, strategic connections and access to investors and corporates, prioritising low-carbon materials, cooling, LDES/GETs, CCUS, hydrogen and e-fuels.

Together, they create a pipeline from venture readiness and bankability (FIP) to pilots and deployment (IIP).

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Singapore Climate Technology Ecosystem Guide

The Venture Climate Alliance's Singapore Climate Technology Ecosystem Guide was developed as part of the Innovation Scaling Initiative, with philanthropic support from HSBC and input from HSBC climate technology and regional teams. The Guide is designed to inform and support climate technology companies and venture capital firms evaluating Singapore as a platform for growth, investment, partnership development, commercialisation and regional expansion across Southeast Asia. It provides market context and practical guidance on financing, policy, corporate demand, sector opportunities and pathways for deployment, helping founders and early-stage investors understand where Singapore fits within the broader Southeast Asian climate technology landscape.

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Finance for Resilient Landscapes (F4RL)

Finance for Resilient Landscapes is a collaboration led by Proforest, Conservation International (CI) and The Nature Conservancy (TNC), with philanthropic support from HSBC. The programme is a global effort to accelerate financial flows to support resilient nature-positive commodity production landscapes.

We are starting in six critical landscapes where nature is at a frontier with agricultural production: two in Indonesia focused on palm oil, and four in Brazil focused on soy and cattle. By building on the strong foundations created through these ongoing Indonesian and Brazilian landscape and jurisdictional initiatives – programmes in which many companies have made significant investments – and linking them to the global finance sector, we can drive progress that is both scalable and sustained over time. Within each landscape we will identify and scale existing financial pathways and mechanisms that help companies and local actors access the type of capital they need to deliver on their net-zero and nature commitments whilst supporting resilient commodity production.

Temasek

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$518 billion (US$401b, €350b, £304b, RMB2.77t) as at 31 March 2026. Our Purpose "So Every Generation Prospers" guides us to make a difference for today's and future generations. We seek to build a resilient and forward-looking portfolio that will deliver good sustainable returns over the long term.

Ecosperity is Temasek's key platform for sustainability engagement and advocacy. We work with global leaders from the private and public sectors, academia and civil society to exchange views, share best practices and push the agenda on sustainable growth.

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IABS: Mobilising Institutional Capital for Infrastructure

Global infrastructure investment needs are projected to exceed available financing by US$12 trillion between 2026 and 2040, creating an urgent need for new long-term capital sources.

To help address this, Clifford Capital launched Asia's first Infrastructure Asset-Backed Securities (IABS) transaction in 2018. Through the IABS programme, infrastructure loans are pooled and securitised into rated securities, broadening institutional investor access to infrastructure debt and recycling capital for future financing.

Since inception, we have completed eight public issuances and four private placements, raising approximately US$5.0 billion. Bayfront VIII, issued in May 2026, raised US$733.3 million, the largest IABS transaction to date. It was backed by a diversified portfolio of 44 infrastructure loans and bonds across 40 projects, 15 countries and 10 infrastructure sub-sectors.

The IABS programme demonstrates how capital markets innovation can mobilise institutional capital at scale and expand financing capacity for infrastructure development. Clifford Capital is a Temasek-backed infrastructure credit platform.

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CuspAI Unlocks Breakthrough Materials in Semiconductors, Energy and Climate

CuspAI is building the AI system for materials discovery to unlock breakthroughs that power human progress.

For Kemira, a global leader in sustainable solutions for water-intensive industries, CuspAI designed new AI materials to remove PFAS (forever chemicals) from water. PFAS are man-made chemicals linked to health and environmental risks. CuspAI explored a design space of some 300 trillion possible structures and produced over 5,000 novel designs with full property data, narrowed to around 20 candidates now advancing to further development. The programme reached this stage in six months, compressing a discovery process that would conventionally have taken years.

CuspAI enables partners to run full discovery cycles – from generative materials design through simulation, synthesis route planning, and coordinated experimental validation. The platform is underpinned by the largest curated experimental materials datasets in the world. CuspAI is a Temasek investee company.

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DBS – Building a More Resilient Asia

Decarbonisation and resilience must go hand in hand as economies contend with the physical impacts of climate change. As part of its holistic climate strategy, DBS is expanding its focus beyond mitigation to include adaptation and resilience (A&R).

To advance A&R financing in Asia, DBS partnered with the Climate Bonds Initiative to develop a framework for identifying and financing credible A&R investments. The report highlights opportunities across sectors and provides guidance on evaluating adaptation measures and resilience outcomes.

This work is already driving client engagements. In July, DBS supported AirTrunk's sustainability-linked financing for a data centre in Malaysia designed to achieve industry-leading energy and water efficiency. The bank is also working with one of India's largest real estate developers on a retrofit programme to protect against flooding and extreme heat. As climate impacts intensify, DBS is committed to mobilising capital and strengthening partnerships for a more resilient Asia. DBS is a Temasek Portfolio Company.

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Singapore's First Integrated Chilled Water Thermal Grid

Keppel and JTC have commenced chilled water supply to Fusionopolis 2A, marking a key milestone in the phased interconnection with Keppel's district cooling plants at Biopolis and Mediapolis, which are all within One-North, a 200-hectare business park in Singapore.

Once completed, the network will form Singapore's first integrated and largest chilled water thermal grid. With a combined design cooling capacity of over 334 MW (95,000 refrigeration tonnes), it will support more than 25 developments. The integration will strengthen the resilience, operational flexibility and resource efficiency of the cooling systems.

Connected to Keppel's AI-enabled Infrastructure Intelligence-Operations Nerve Centre, the plants use real-time performance monitoring, predictive analytics and autonomous optimisation to enhance energy efficiency, reliability and lifecycle performance. This scalable network demonstrates how digitally optimised cooling can support urban growth, climate mitigation and adaptation. Keppel is a Temasek Portfolio Company.

Oatbedient

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Uncle Sabas

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N&E Innovations

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Ya Kun

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