C𝗼𝗮𝗹-𝗳𝗶𝗿𝗲𝗱 𝗽𝗼𝘄𝗲𝗿 𝗽𝗹𝗮𝗻𝘁𝘀 𝗮𝗿𝗲 𝘁𝗵𝗲 𝘀𝗶𝗻𝗴𝗹𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝘀𝗼𝘂𝗿𝗰𝗲 𝗼𝗳 𝗰𝗮𝗿𝗯𝗼𝗻 𝗲𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 𝗴𝗹𝗼𝗯𝗮𝗹𝗹𝘆. Yet across Asia, thousands are still in operation—with decades left on the clock.

Temasek-backed GenZero and Mizuho Bank are working to change that. Their new partnership uses transition credits to finance the early retirement of coal plants—redirecting private capital toward clean energy instead of continued pollution.

It’s one of the first private-sector collaborations of its kind, and a powerful example of how climate finance can serve people, planet, and long-term prosperity.

This is what it looks like when investment aligns with impact.