Singapore to set up new global carbon exchange

DBS Bank, Standard Chartered Bank, Singapore Exchange and Singapore state-owned investor Temasek Holdings said Thursday they are joining forces to develop a global exchange and marketplace for high-quality carbon emissions. The proposed Climate Impact X , a joint venture between the four companies, is expected to launch by the end of 2021, executives from the companies said in a news release.
$DBS Group Holdings(D05.SG)$
$STANCHART(02888.HK)$
$SGX(S68.SG)$
$Temasek Holdings(BK2536.US)$