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MAS publishes inaugural sustainability report

MAS publishes inaugural sustainability report
centralbanking.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centralbanking.com Daily Mail and Mail on Sunday newspapers.

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MAS Will Be Investing US$1.8 Billion Into the Climate—Here's Why That's Important

The bank will also be taking significant steps to reduce their own carbon footprint in their offices ....

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Singapore Launches MAS Sustainability Report to Lead Green Push

Jun 09 2021, 3:31 PM
June 09 2021, 9:14 AM
June 09 2021, 3:31 PM
(Bloomberg) The Monetary Authority of Singapore released its inaugural sustainability report, laying out its battle plan to green the city-stateâs finance sector and lead the energy transition in Asia.
(Bloomberg) The Monetary Authority of Singapore released its inaugural sustainability report, laying out its battle plan to green the city-stateâs finance sector and lead the energy transition in Asia.
The report, which consolidates previously announced policies by the central bank, highlights Singaporeâs support in the fight against climate change by eliminating harmful emissions globally by the middle of the century. Those efforts include testing the climate resilience of its official reserve investments and deploying $1.8 billion to five asset managers as part of its Green Investments Programme. ....

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S'pore's private sector heeds call for green finance growth, Invest News & Top Stories

The Straits Times
S’pore’s private sector heeds call for green finance growth
Singapore envisions becoming a regional green finance hub within a decade. And the local finance sector is fast seizing the initiative
With the growth of green finance in S’pore, ESG investing offers long-term growth opportunities while supporting sustainable outcomes.GRAPHICS: PRADIP KUMAR SIKDAR
PublishedMay 9, 2021, 4:00 am SGT
https://str.sg/Jtuq
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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. ....

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