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

The Monetary Authority of Singapore (MAS) will continue to work closely with the respective industry associations to promote broader and more effective adoption of sustainability standard.

- Lawrence Wong, Minister for National Development and Second Minister for Finance
Singapore’s role in deepening regional green finance

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