Business Times: Green Finance In Asia: Emerging Themes And The Need For Innovation

As global action towards achieving carbon neutrality gains momentum, Singapore has taken on the mantle to become the regional green finance hub. With the Monetary Authority of Singapore (MAS) leading the charge through the Green Finance Action Plan, many private players have also jumped on the sustainability bandwagon with recent announcements such as the launch of a Singapore-based global carbon exchange, Climate Impact X (CIX) by SGX, DBS Bank, Standard Chartered Bank and Temasek.

An industry survey conducted by MAS and Oliver Wyman to collect problem statements for the Global Fintech Hackcelerator 2021 revealed key industry themes and challenges that we have distilled into three key observations.

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