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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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"ASEAN, Alternative Energy, and Artificial Intelligence" - Keynote Speech by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at 61st ACI World Congress on 21 September 2023
Mr Ravi Menon, Managing Director of MAS, spoke on three dominant investment themes in Asia-Pacific in the next decade: ASEAN, Alternative Energy and Artificial Intelligence.
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UK and Singapore Enhance Cooperation in Sustainable Finance and FinTech
The 8th UK-Singapore Financial Dialogue facilitated a useful exchange of views, and identified opportunities for further collaboration on joint projects, in priority areas such as sustainable finance and FinTech and innovation.
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MAS and SGX Group to collaborate with the Climate Data Steering Committee to strengthen global access to climate transition-related data
The CDSC-MAS-SGX collaboration will aim to synergise across MAS Project Greenprint’s ESGenome disclosure portal and the CDSC’s Net-Zero Data Public Utility (NZDPU) global repository of climate transition-related data. It will allow companies that report into ESGenome to transmit to the NZDPU their data on Scope 1, 2 and 3 greenhouse gas emissions.
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Panel Discussion with Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at the Point Zero Forum on 26 June 2023
At the Point Zero Forum 2023, Mr Ravi Menon, Managing Director, MAS, spoke on the panel titled "Data for Net Zero: Views from the Climate Data Steering Committee".
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UNDP, GLEIF and MAS to embark on Project Savannah to digitise basic ESG Credentials for MSMEs
The United Nations Development Programme, Global Legal Entity Identifier Foundation and MAS have signed a Statement of Intent to embark on a collaborative initiative to develop digital Environmental, Social and Governance (ESG) credentials for micro, small and medium-sized enterprises worldwide.