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, former Deputy Prime Minister and Minister for Finance, and former Deputy Chairman of the Monetary Authority of Singapore
Official launch of the Sustainable and Green Finance Institute (SGFIN)
Transition Credits
High-integrity transition credits can serve as a complementary financing mechanism to accelerate and scale the early retirement of coal-fired power plants (CFPPs).
Taxonomy
Taxonomy seeks to provide financial institutions with guidance on how to identify and classify activities that can be considered green or transitioning towards green.
Regulatory and Supervisory Approach
The financial sector is exposed to environmental and climate-related risks through its financing, insurance and investment activities. MAS is committed to play a leading role to bolster the financial sector’s resilience to environmental risks.
Sustainable Financing Solutions
To support the growth of the green economy in Singapore and Asia, we are developing sustainable solutions with various stakeholders in the financial sector and our international counterparts.
Sustainable Talent Ecosystem
To deepen Singapore’s sustainable finance capabilities, MAS is developing a strong sustainable finance research and talent development ecosystem.
Green FinTech
Technology and Sustainability are two key driving forces shaping the future of financial services. Understand more about the various initiatives for technology solutions and projects that accelerate the growth of Fintech and Green Finance.
International and Regional Collaborations
To shape the development of sustainable finance in Singapore and the region, MAS is working closely with industry, international and regional counterparts.
Investment Portfolio
MAS, as Singapore’s central bank, manages the Official Foreign Reserves (OFR). We are integrating climate change considerations into our investment framework to enhance portfolio resilience and support the transition to a low carbon future.
MAS' Operations
MAS is reducing its carbon and environmental footprint to support Singapore’s climate ambitions and commitments.
What's New
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Keynote Speech by Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry (Trade), and Chairman of the Monetary Authority of Singapore, at the Mitsubishi UFJ Financial Group’s (MUFG) Reception Celebrating 60 Years of Singapore-Japan Diplomatic Relations (SJ60) on 28 September 2026
At the MUFG SJ60 Reception, Mr Gan Kim Yong, Deputy Prime Minister, Minister for Trade and Industry (Trade), and Chairman of MAS, spoke about the elevation of Singapore-Japan bilateral relations to a Strategic Partnership – keeping Asia open and connected, turning new technologies into economic opportunities, and mobilising the capital needed for the region’s energy transition.
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Monetary Authority of Singapore and People’s Bank of China Strengthen Cooperation in Transition and Adaptation Finance at the 4th Singapore-China Green Finance Taskforce Meeting
China, 18 September 2026… The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) held the 4th annual Singapore-China Green Finance Taskforce (GFTF) meeting in Nanning, China on 17 September 2026.
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Energy Transition Acceleration Finance Partnership under Singapore's FAST-P Initiative raises US$250 Million in First Close
The Energy Transition Acceleration Finance partnership (ETAF) seeks to mobilise capital into earlier-stage or higher-risk energy transition infrastructure investments where financing is not otherwise available at a sufficient scale, tenor, or risk appetite. As these investments mature and their risk profiles improve over time, ETAF aims to crowd in a broader pool of commercial and institutional investors.
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MAS appoints new Chief Sustainability Officer
MAS announced today that Ms Abigail Ng will be appointed Chief Sustainability Officer (CSO) from 6 October 2025.
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Green Investments Partnership, a Blended Finance Fund under Singapore’s FAST-P initiative, Achieves First Close with US$510 Million in Committed Capital
MAS announced that the Green Investments Partnership has achieved its first close with US$510 million of committed capital from global and regional private, public and philanthropic institutions. The capital will be deployed into green and sustainable infrastructure opportunities in Southeast and South Asia across a strong pipeline of transactions.
