Bangkok, 14 October 2026 – Temasek Trust and the World Bank Group have agreed to combine philanthropic and catalytic capital with development finance, creating a new channel for projects in water, agriculture, health, climate and energy. The partnership places Singapore at the operational centre of an effort to turn promising ideas into investable programmes across Asia and other emerging markets.
The organisations signed a memorandum of understanding in Bangkok on 12 October. Their immediate work will focus on identifying projects that can benefit from blended funding, technical expertise and wider institutional networks. They will also explore co-financing arrangements, although no project value, country allocation or binding capital commitment has yet been announced.
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