It is part of a project Mr Heng, who is in his 50s, undertook with nine friends and the Community Foundation of Singapore.
The report, called On Thin Ice, comprises insights and tips from more than 40 experts in the areas of sustainability and investment. "Investors may wish to consider investing in key sectors such as renewable energy and carbon capture, energy efficiency and smart mobility." ClimateWorks Foundation said that between 2019 and 2020, overall philanthropic giving grew by 3 per cent while climate funding grew by 14 per cent.Impact investment funds aim to generate positive environmental and social impact while bringing good returns to investors.
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