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.
Sustainable Finance
As a champion for sustainable development and an international financial hub, Singapore is well-placed to support a more sustainable economy and Asia’s transition to a low-carbon economy.
Our vision is for Singapore to be a leading centre for Green and Sustainable Finance in Asia and globally.
Our vision is for Singapore to be a leading centre for Green and Sustainable Finance in Asia and globally.
Singapore as an international financial centre in Asia is committed to support Asia’s transition through its Green Finance Action Plan. MAS is actively promoting a strong green finance ecosystem in Singapore to serve Asia.
What's New
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UK and Singapore deepen collaboration in FinTech and strengthen financial cooperation
The United Kingdom (UK) and Singapore held the 7th UK-Singapore Financial Dialogue in Singapore today. Both countries renewed their commitment to deepening the UK-Singapore Financial Partnership that was agreed in 2021, discussed mutual priorities such as sustainable finance, FinTech and innovation, and agreed on further cooperation in these areas.
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Remarks by Mr Leong Sing Chiong, Deputy Managing Director, Monetary Authority of Singapore, at the Official Opening Ceremony of the FM Global Centre on 8 November 2022
Mr Leong Sing Chiong, MAS’ Deputy Managing Director, spoke of insurers as important partners in helping governments and businesses manage physical and transition risks, and the important role that the insurance industry can play in empowering the development of the green economy in Asia.
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Opening Address by Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of the Monetary Authority of Singapore, at the Singapore FinTech Festival on 2 November 2022
At the Singapore FinTech Festival 2022, Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman, MAS spoke about the 5 Es of technology and how their totality enables Singapore to harness the full potential of technology for the financial industry.
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"Blended Finance for the Net-Zero Transition" - Opening Remarks by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at the Transition Finance towards Net Zero Conference on 4 October 2022
At the inaugural Transition Finance towards Net Zero Conference, Mr Ravi Menon, Managing Director, MAS, spoke about the three key dimensions of the Conference - Transition, Asia, Collaboration - and Singapore's efforts to promote transition and blended finance.
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Public-Private Partnerships to Mobilise Capital for Net Zero Transition
MAS, together with knowledge partners McKinsey & Company and Convergence Blended Finance, and supported by the Glasgow Financial Alliance for Net Zero (GFANZ), hosted the inaugural Transition Finance Towards Net Zero (TFNZ) Conference. The conference provides a platform to galvanise key public and private sector stakeholders to mobilise capital at scale to help economies and corporates decarbonise.