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Singapore can help global sustainable development as financial hub, says PM Lee

Singapore is turning to technology to reduce its emissions and adapt to the changing climate, said PM Lee Hsien Loong on April 23, 2021. - The Straits Times/ANN SINGAPORE, April 24 (Xinhua): Singaporean Prime Minister Lee Hsien Loong has announced that the city-state, as a financial hub, can help the global push for sustainability through green finance, fintech and capability building. At the Virtual Leaders Summit on Climate, he said that Singapore has launched a 2 billion U.S. dollars Green Investments Programme, which will support the development of carbon trading and services, sustainability consultancies and environmental risk management. One promising area is emissions verification, including using new technology to measure the carbon footprints and monitor abatement commitments of businesses, Lee said. Singapore is happy to share our experience in all these areas.

Singapore can help global sustainable development as financial hub: PM - World News

2021-04-24 02:05:43 GMT2021-04-24 10:05:43(Beijing Time) Xinhua English SINGAPORE, April 24 (Xinhua) Singaporean Prime Minister Lee Hsien Loong said Friday that the city-state, as a financial hub, can help the global push for sustainability through green finance, fintech and capability building. At the Virtual Leaders Summit on Climate, he said that Singapore has launched a 2 billion U.S. dollars Green Investments Programme, which will support the development of carbon trading and services, sustainability consultancies and environmental risk management. One promising area is emissions verification, including using new technology to measure the carbon footprints and monitor abatement commitments of businesses, Lee said. Singapore is happy to share our experience in all these areas.

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