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DBS, Temasek, World Bank and more launch second edition of climate-tech accelerator programme

Jovi Ho
Jovi Ho • 4 min read
DBS, Temasek, World Bank and more launch second edition of climate-tech accelerator programme
A total of $250,000 in grants will be awarded to up to five successful applicants.
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DBS Group Holdings and six partners have launched the second cycle of Sustaintech Xcelerator, a six-month, climate-focused hybrid accelerator programme.

Organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini and the Centre for Nature-based Climate Solutions at the National University of Singapore (NUS CNCS), the group aims to accelerate climate-tech solutions that will help businesses reduce their emissions. Nonprofit carbon emissions certifier Verra supports Sustaintech Xcelerator as an independent standard setter.

The second run of Sustaintech Xcelerator will focus on solutions in three main areas, namely: nature-based approaches, such as afforestation and reforestation; technology-based approaches, such as carbon capture and storage; and enablers, such as digital tools and capabilities on carbon accounting and sourcing of ESG data.

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