Gold
Indian Envoy Vows to Attract More Singaporean Investments
Brookfield raise $15 bn for Brookfield Global Transition Fund
Brookfield Asset Management, a global alternative asset investor, announced that the first net zero-focused impact fund, the Brookfield Global Transition Fund, has reached its final closure with $15 billion in funding.
The fund raised more than its $12.5 billion hard caps, which were greatly surpassed by high demand, making it the largest private equity fund launched to date with a focus on accelerating the transition to a net-zero carbon economy. The fund, jointly led by Brookfield Vice Chair and Head of Transition Investing Mark Carney, the UN Special Envoy on Climate Actio..
IL&FS Requests New MMRDA Nod for Mumbai HQ Transfer
IL&FS has sought renewed approval from the Mumbai Metropolitan Region Development Authority (MMRDA) to transfer its headquarters within Mumbai. This move indicates IL&FS's commitment to navigating regulatory requirements amid ongoing restructuring efforts.
IL&FS's request for new approval underscores its determination to ensure compliance with all necessary regulations and expedite the headquarters transfer process. It reflects the company's efforts to streamline its operations and address administrative challenges as part of its restructuring endeavours.
The need for fresh appro..
Malaysian Carbon Credit Auction Begins July
In a significant move towards environmental sustainability, Malaysia's carbon exchange will host its first local carbon credit auction in July. This event marks a pivotal step in the nation's commitment to reducing carbon emissions and fostering a green economy.
The Malaysian carbon exchange aims to provide a structured marketplace for carbon credits, where companies can buy and sell these credits to offset their carbon footprints. This initiative aligns with global efforts to mitigate climate change by encouraging businesses to adopt more sustainable practices.
The auction w..
