Singapore as an international financial centre in Asia is committed to support Asia’s transition through its Green Finance Action Plan. MAS is actively promoting a strong green finance ecosystem in Singapore to serve Asia.
Taxonomy
Taxonomy seeks to provide financial institutions with guidance on how to identify and classify activities that can be considered green or transitioning towards green.
Regulatory and Supervisory Approach
The financial sector is exposed to environmental and climate-related risks through its financing, insurance and investment activities. MAS is committed to play a leading role to bolster the financial sector’s resilience to environmental risks.
Sustainable Financing Solutions
To support the growth of the green economy in Singapore and Asia, we are developing sustainable solutions with various stakeholders in the financial sector and our international counterparts.
Sustainable Talent Ecosystem
To deepen Singapore’s sustainable finance capabilities, MAS is developing a strong sustainable finance research and talent development ecosystem.
Green FinTech
Technology and Sustainability are two key driving forces shaping the future of financial services. Understand more about the various initiatives for technology solutions and projects that accelerate the growth of Fintech and Green Finance.
International and Regional Collaborations
To shape the development of sustainable finance in Singapore and the region, MAS is working closely with industry, international and regional counterparts.
Investment Portfolio
MAS, as Singapore’s central bank, manages the Official Foreign Reserves (OFR). We are integrating climate change considerations into our investment framework to enhance portfolio resilience and support the transition to a low carbon future.
MAS' Operations
MAS is reducing its carbon and environmental footprint to support Singapore’s climate ambitions and commitments.
What's New
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"Growing a Vibrant Insurance Linked Securities Market in Asia" - Speech by Mr Lim Cheng Khai, Executive Director, Financial Markets Development Department, Monetary Authority of Singapore, at the Artemis ILS Asia Conference 13 July 2023
Steve Evans, Editor in Chief, Artemis Distinguished guests Ladies and gentlemen Introduction 1. Good morning. Thank you for having me at the Artemis ILS Asia Conference. It is good to see the event back for its fifth installation in Singapore. I am happy to be here, to reconnect with friends I’ve met in Artemis New York...
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Speech by Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of MAS, at the Official Launch of the Sustainable and Green Finance Institute (SGFIN) on 20 April 2023
At the official launch of the SGFIN, Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of MAS, announced the launch of MAS' Finance for Net Zero Action Plan.
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Test - Speech by Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of MAS, at the Official Launch of the Sustainable and Green Finance Institute (SGFIN) on 20 April 2023
At the official launch of the SGFIN, Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of MAS, announced the launch of MAS' Finance for Net Zero Action Plan.
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MAS Launches Finance for Net Zero Action Plan
Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Monetary Authority of Singapore (MAS) Deputy Chairman, today announced the launch of MAS’ Finance for Net Zero (FiNZ) Action Plan at the opening of the Sustainable and Green Finance Institute of the National University of Singapore.
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"What Does it Take to Get to Net Zero" - Keynote Speech by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at the Economic Society of Singapore Annual Dinner 2022 on 17 August 2022
At the Economic Society of Singapore Annual Dinner 2022, Mr Ravi Menon, Managing Director, MAS, spoke about five transformative changes to get to net zero - a price on carbon; a shift to cleaner energy; a greening of the economy; a pivot to transition finance; and a sustainable lifestyle.