As climate tech funding cools, the Singapore state-owned investor has launched an investment scheme betting on long-term returns from green assets, such as early-stage decarbonisation solutions in green steel and battery storage.
An analysis incorporating new utilisation data released last week implies that China's emissions may have peaked in 2023 and debunks recent speculations that Beijing's record solar and wind installations have led to grid congestion.
Environmental issues are subordinate to the strategic imperative of countering US influence. That could ultimately weaken the relationship amid shake-ups in global trade.