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File photo of a family outing at Marina Barrage in 2019. (Photo: Goh Chiew Tong)
23 Jun 2021 10:00PM (Updated:
23 Jun 2021 10:02PM) Share this content
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SINGAPORE: Booming green finance markets need to be subject to stronger global regulation to ensure the best results for investors and the planet, Singapore s Minister for Sustainability and the Environment Grace Fu told Reuters.
Companies are under increasing pressure to reduce carbon emissions and burnish their sustainability credentials, fuelling a flurry of investment in financial instruments, such as green bonds and carbon credits.
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Asia-Pacific borrowers more than doubled issuance of bonds tied to environmental, social and governance (ESG) themes to a record US$69 billion this year.
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