Temasek, an investment company headquartered in Singapore, agreed to invest $500m in LeapFrog Investments, an Australian fund. “There is an urgent and pressing need to address the critical social and environmental challenges that the world is facing. We believe in the potential of impact investing to unlock the capital to meet these challenges. Our partnership with LeapFrog, with its focus on serving underserved markets, underscores Temasek’s commitment to investing for impact, and the contributions these investments make towards shaping a better world for our communities,” Benoit Valentin, Temasek Head Impact Investing.