Focus Areas
Focus areas and schemes to develop Singapore as a global hub for sustainable finance.
Sustainable Finance
Building the capabilities in our financial sector to incorporate Environmental, Social and Governance (ESG) considerations into financing decisions and drive long term sustainable economic growth.
Overview
Sustainable finance is the practice of integrating environmental, social and governance (ESG) criteria into financial services to bring about sustainable development outcomes, including mitigating and adapting to the adverse effects of climate change.
Singapore's financial sector can play a useful role in catalysing sustainable and green finance in the region. MAS is taking active steps to promote sustainable financing in our financial sector, including engaging financial institutions to consider ESG criteria in decision making processes, support the adoption of industry standards and guidelines, encourage industry-led capacity building efforts, develop the green bond market in Singapore and collaborate with local stakeholders and international counterparts to distill best practices.
Key Facts
US$200 billion per year
Estimated green investment needed in ASEAN till 2030
>80%
Top asset managers in Singapore are already United Nations Principles for Responsible Investments (“UN PRI”) signatories
57
Investment organisations expressing support for the Singapore Stewardship Principles (“SSP”)
MAS is working on a comprehensive, long-term strategy to make sustainable finance a defining feature of Singapore's role as an international financial centre, just as wealth management and FinTech have become.
- Mr Ravi Menon, Managing Director, Monetary Authority of Singapore
SIAS 1st Master Series Investment Conference
SIAS 1st Master Series Investment Conference
Green Finance Action Plan
What's New
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"Green Finance for a Sustainable World" - Keynote Speech by Mr Ong Ye Kung, Minister for Education, Singapore and Board Member, Monetary Authority of Singapore, at SFF x SWITCH 2019 on 11 November 2019
In his keynote speech at SFF x SWITCH 2019, Mr Ong Ye Kung, Minister for Education and MAS’ Board member articulated Singapore’s goal and action plan to be a leading centre for Green Finance, to promote sustainable development, in Asia and globally.
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New US$2 billion Investments Programme to Support Growth of Green Finance in Singapore
MAS announced today that it has set up a US$2 billion green investments programme (GIP) to invest in public market investment strategies that have a strong green focus.
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"The Changing World" - Keynote Speech by Ms Jacqueline Loh, Deputy Managing Director, Monetary Authority of Singapore, at The World Federation of Exchanges General Assembly and Annual Meeting on 9 October 2019
Ms Jacqueline Loh, MAS' Deputy Managing Director spoke about three trends that continue to shape the financial markets of tomorrow - sustainable finance, technology and innovation, and the evolving dynamics of our public and private markets.
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"The Wellness of Investing - Eating Well, Sleeping Well, Feeling Well" - Keynote Remarks by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at SIAS 1st Master Series Investment Conference on 11 July 2019
Mr Ravi Menon, Managing Director, MAS, spoke on three investment themes that investors can consider to achieve wellness in their investment.
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Singapore and UK to Enhance Cooperation in Data Connectivity, Talent Development, Green Finance and Cybersecurity
Singapore and UK concluded three agreements that will further deepen connectivity between the financial centres in Singapore and the UK. The agreements were made at the UK-Singapore Business Summit held on 13 June 2019 in commemoration of Singapore’s Bicentennial.