The GFIT advanced the three objectives through the following four key initiatives:
- Develop a taxonomy
- Improve disclosures
- Foster green finance solutions
- Enhance environmental risk management practices of financial institutions
The GFIT comprised representatives from financial institutions, corporates, non-governmental organisations, and financial industry associations.
Find out more about the structure and achievements of the GFIT in the following:
View GFIT Publication
Download GFIT Publication (4.06 MB).
View Green Finance Industry Taskforce Infographic
Download Infographic on Green Finance Industry Taskforce.
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.