Arukah's Insight is that Solutions Must be Fit for Context to Scale Effectively
We aim to scale up high quality carbon removal and emissions reduction projects that meet global integrity requirements - while also driving transformative change in global carbon markets, focusing on the Global South.
Our vision is to scale 5 Gigatons of decarbonisation and mobilise $100 billion in climate finance over the next decade - bridging critical supply gaps for High Quality projects, while aligning with immediate priorities around economic livelihoods, food security and energy access.
Our Team
We are proudly anchored in Singapore, with our core team spanning 10-20 years each of experience across global capital markets, technology, climate policy, agriculture and ecology, and engineering.
Building for the Global South, Focused on Agriculture
Gigaton-scale solutions for the Global South should focus on home market advantages - abundant agriculture waste and lower-cost labour - while honouring home market priorities, including high domestic demand for food and energy.
Hence we are starting with agriculture - agri-food accounts for 50% of Southeast Asia's emissions and 45% of South Asia's.
Through the application of standard carbon credit methodologies for biogas and biochar, agricultural waste can be processed to generate not only High Quality carbon credits, but also valuable byproducts, such as biofuels, bio-oil and biofertiliser, bolstering energy and food security in the region.
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Driving Decarbonisation at Scale, for our Region and the Global South
Anchored from the far-sighted policy ecosystem in Singapore, Arukah Capital aims to develop a trusted infrastructure for High Quality carbon credit projects, contributing to our region's health in climate transition and post-Covid recovery - and also establish blueprints for other Global South climate transitions.
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Arukah is built by Global Experts in Capital Markets, Technology, Financing Emerging Markets & Agriculture, Asia Policy, Biomass Processing.
Pieter Franken co-founded Safecast. He is a technology advisor to the Monetary Authority of Singapore (MAS). While MAS sets monetary policies for Singapore they have emerged as a thought leader in how to innovate the financial system for a country and how to work with Fintech companies. He is a researcher and guest Professor at Keio University. He is a researcher at MIT Media Lab.
Matthew Gamser is the Founder and former (retired) CEO of the SME Finance Forum, the world’s leading center for knowledge exchange, good practice promotion and networking for the finance industry in this field. The SME Finance Forum is managed by the International Finance Corporation (IFC), the private sector arm of the World Bank Group, for the G-20 countries’ Global Partnership for Financial Inclusion.
Dr. Gamser has over 40 years’ experience in private enterprise and financial sector development. He worked for IFC, the private sector arm of the World Bank Group, for 18+ years in various positions from Washington, DC, and Hong Kong, where he has focused on SME finance and on financial sector development. Prior to that he spent 25 years in management consulting and in senior leadership in an international NGO. He holds A.B. and A.M. degrees from Harvard University, and M.Sc. and D.Phil degrees from Sussex University (UK), where his work focused on the management of technological change.
Koh Wai Kit brings over a decade of investment experiences, a vast network, and expertise to the East Ventures team. As a founding member of Pavilion Capital, a Temasek subsidiary focused on Asia private equity and venture capital, he spearheaded the fund investments in China, Japan, Korea, and Southeast Asia. Prior to setting up Pavilion Capital, Wai Kit served in investment, strategy and portfolio management functions at Temasek.
Before joining the private sector, Wai Kit was a member of the Singapore Administrative Service where he was involved in public policy formulation and implementation. Wai Kit received his bachelor’s and master’s degrees in Electrical Engineering and Computer Science from MIT in 2001.
Simon graduated in Economics from Trinity Hall, Cambridge and Finance at London Business School before working at Barclays Group as Head of Portfolio Management.
He was Chief Risk Officer at China Bohai Bank, Country Chief Risk Officer in Standard Chartered, UAE and Group Chief Risk Officer at Bank of China-Fullerton Community Bank, before moving to CreditEase as the Head of European Investment for the FinTech fund in 2016. He speaks fluent Chinese having lived in China for 15 years and now is based near London.
Yuki is a seasoned expert in sustainable finance with over 20 years of experience. She served at the United Nations Environment Programme (UNEP) Finance Initiative from 2002 to 2022, where she played a key role in advancing the sustainability practices of financial institutions globally and especially in the Asia Pacific. Since 2022, Yuki has been the Managing Director of the Asia Pacific (APAC) Network at the Glasgow Financial Alliance for Net Zero (GFANZ), leading efforts to mobilize the financial sector in support of global net-zero targets.
A Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), Yuki trained and worked at one of the Big Four accounting firms. She is currently based in Singapore and has lived and worked in Bangkok, Geneva, and London.
Yuki holds a BSc in Economics from the London School of Economics (LSE) and an MSc in Environmental Change and Management from the University of Oxford.
Lionel served in the Singapore Public Service for 22 years, and his appointments included CEO (Singapore Tourism Board), CEO (Civil Service College), Deputy Secretary (Public Service Division), Director (Trade/MTI) and Director (Economic Programmes/MOF).
In 2018, he transitioned to the private sector and became CEO Advisor at Grab, working directly with the co-founders on strategic issues and helping to pave the way for Grab’s eventual NASDAQ listing in 2021.
In 2020, he took on the role of CEO of the Singapore Sports Hub – the iconic USD1 billion facility which hosts the largest sports and entertainment events in Asia. He negotiated a successful project exit for the private sector consortium in 2022. Lionel is currently an independent director on SGX-listed telco StarHub Ltd and on car-sharing platform GetGo Technologies Pte Ltd.
Lionel served in the Singapore Public Service for 22 years, and his appointments included CEO (Singapore Tourism Board), CEO (Civil Service College), Deputy Secretary (Public Service Division), Director (Trade/MTI) and Director (Economic Programmes/MOF). In 2018, he transitioned to the private sector and became CEO Advisor at Grab, working directly with the co-founders on strategic issues and helping to pave the way for Grab’s eventual NASDAQ listing in 2021. In 2020, he took on the role of CEO of the Singapore Sports Hub – the iconic USD1 billion facility which hosts the largest sports and entertainment events in Asia. He negotiated a successful project exit for the private sector consortium in 2022. Lionel is currently an independent director on SGX-listed telco StarHub Ltd and on car-sharing platform GetGo Technologies Pte Ltd.
Lionel served in the Singapore Public Service for 22 years, and his appointments included CEO (Singapore Tourism Board), CEO (Civil Service College), Deputy Secretary (Public Service Division), Director (Trade/MTI) and Director (Economic Programmes/MOF). In 2018, he transitioned to the private sector and became CEO Advisor at Grab, working directly with the co-founders on strategic issues and helping to pave the way for Grab’s eventual NASDAQ listing in 2021. In 2020, he took on the role of CEO of the Singapore Sports Hub – the iconic USD1 billion facility which hosts the largest sports and entertainment events in Asia. He negotiated a successful project exit for the private sector consortium in 2022. Lionel is currently an independent director on SGX-listed telco StarHub Ltd and on car-sharing platform GetGo Technologies Pte Ltd.
Lionel served in the Singapore Public Service for 22 years, and his appointments included CEO (Singapore Tourism Board), CEO (Civil Service College), Deputy Secretary (Public Service Division), Director (Trade/MTI) and Director (Economic Programmes/MOF). In 2018, he transitioned to the private sector and became CEO Advisor at Grab, working directly with the co-founders on strategic issues and helping to pave the way for Grab’s eventual NASDAQ listing in 2021. In 2020, he took on the role of CEO of the Singapore Sports Hub – the iconic USD1 billion facility which hosts the largest sports and entertainment events in Asia. He negotiated a successful project exit for the private sector consortium in 2022. Lionel is currently an independent director on SGX-listed telco StarHub Ltd and on car-sharing platform GetGo Technologies Pte Ltd.
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Lionel served in the Singapore Public Service for 22 years, and his appointments included CEO (Singapore Tourism Board), CEO (Civil Service College), Deputy Secretary (Public Service Division), Director (Trade/MTI) and Director (Economic Programmes/MOF). In 2018, he transitioned to the private sector and became CEO Advisor at Grab, working directly with the co-founders on strategic issues and helping to pave the way for Grab’s eventual NASDAQ listing in 2021. In 2020, he took on the role of CEO of the Singapore Sports Hub – the iconic USD1 billion facility which hosts the largest sports and entertainment events in Asia. He negotiated a successful project exit for the private sector consortium in 2022. Lionel is currently an independent director on SGX-listed telco StarHub Ltd and on car-sharing platform GetGo Technologies Pte Ltd.
Lionel served in the Singapore Public Service for 22 years, and his appointments included CEO (Singapore Tourism Board), CEO (Civil Service College), Deputy Secretary (Public Service Division), Director (Trade/MTI) and Director (Economic Programmes/MOF). In 2018, he transitioned to the private sector and became CEO Advisor at Grab, working directly with the co-founders on strategic issues and helping to pave the way for Grab’s eventual NASDAQ listing in 2021. In 2020, he took on the role of CEO of the Singapore Sports Hub – the iconic USD1 billion facility which hosts the largest sports and entertainment events in Asia. He negotiated a successful project exit for the private sector consortium in 2022. Lionel is currently an independent director on SGX-listed telco StarHub Ltd and on car-sharing platform GetGo Technologies Pte Ltd.
