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MAS Monetary Authority of Singapore : Accelerating Green Finance
05/19/2021 | 12:20am EDT
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Guide for climate-related disclosures and framework for green trade finance Singapore, 19 May 2021… A financial industry taskforce convened by the Monetary Authority of Singapore (MAS) launched today several initiatives to accelerate green finance in Singapore through improving disclosures and fostering green solutions. 2. The Green Finance Industry Taskforce (GFIT) issued a detailed implementation guide for climate-related disclosures by financial institutions; a framework to help banks assess eligible green trade finance transactions; and a whitepaper on scaling green finance in the real estate, infrastructure, fund management and transition sectors. GFIT will also launch for financial institutions (FIs) and corporates a series of workshops to build capacity in green finance, with support from its industry association partnersThe Association o