The financial sector plays such a critical role in the net-zero transition. We need more funding, not just for new green activities but also for transition activities. This means channelling financing to decarbonise power generation, and other aspects of our economy – be it buildings or transport. That is the only way the world can achieve net zero by 2050.”
- Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of the Monetary Authority of Singapore
Official launch of the Sustainable and Green Finance Institute (SGFIN)
What's New
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Singapore and China Establish Green Finance Taskforce to Strengthen Collaboration in Green and Transition Finance
The China-Singapore Green Finance Taskforce will deepen bilateral cooperation in green and transition finance between Singapore and China and facilitate greater public-private sector collaboration to better meet Asia’s needs as it transitions to a low carbon future.
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Speech by Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of MAS, at the Official Launch of the Sustainable and Green Finance Institute (SGFIN) on 20 April 2023
At the official launch of the SGFIN, Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of MAS, announced the launch of MAS' Finance for Net Zero Action Plan.
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"Chongqing-Singapore Co-operation in Green Finance" - Keynote Address by Mr Ravi Menon, Managing Director of Monetary Authority of Singapore, at the Singapore-China (Chongqing) Financial Summit on 20 April 2023
At the Singapore-China (Chongqing) Financial Summit, Mr Ravi Menon, Managing Director, MAS, highlighted two longer-term imperatives for China and Singapore - financial market connectivity and co-operation; and green and transition financing.
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MAS Launches Finance for Net Zero Action Plan
Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Monetary Authority of Singapore (MAS) Deputy Chairman, today announced the launch of MAS’ Finance for Net Zero (FiNZ) Action Plan at the opening of the Sustainable and Green Finance Institute of the National University of Singapore.
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"Three New Drivers of Asset Markets" - Opening Remarks by Mr Ravi Menon, Managing Director of Monetary Authority of Singapore, at the IMAS-Bloomberg Investment Conference on 9 March 2023
At the IMAS-Bloomberg Investment Conference, Mr Ravi Menon, Managing Director, MAS, highlighted three key uncertainties that will drive financial market returns and risks: inflation, geo-economic fragmentation, and climate change.