Assoc Prof Johan Sulaeman, Director of SGFIN, and Assoc Prof Zhang Weina, Deputy Director of SGFIN, discussed the current and future scenario of carbon credits in Southeast Asia and shared SGFIN’s research initiatives with regard to carbon credits. Insights on voluntary carbon credits and views on the pricing of carbon credits were also explored.
Associate Professor Zhang Weina, the Deputy Director of SGFIN, shared on the Landscape of Sustainable Finance, discussed sustainable investment strategies and raised integration as a key concept for considering how the social and environmental impacts affect financial returns.
…. Speaking at the official opening of the Sustainable and Green Finance Institute at the National University of Singapore (NUS) on Thursday, Mr Wong, who is also deputy chairman of MAS, said Singapore’s Green Finance Industry Taskforce has led the development of a taxonomy to classify activities according to a “traffic light” system….”
SGFIN Managing Director, Professor Sumit Agarwal highlighted the need to nurture a deep pipeline of talent for Singapore to position itself as a green finance hub in Asia. Ms Jorgina Chieng, a student from the first cohort of the MSc SGF programme shared how unique opportunities are provided to gain specialised financial expertise required to help companies with sustainable, energy transition.
Professor Sumit Agarwal, Managing Director of SGFIN discusses the MSc Sustainable and Green Finance program, the future of green jobs, the role of transition finance in achieving net zero and maintaining economic growth, and the importance of Data, Definitions and Disclosures in this crucial sector.
The Monetary Authority of Singapore (MAS) proposed a slate of ESG regulations for financial institutions and listed companies at the launch of SGFIN official opening to align with emerging international standards. MAS is working with the International Energy Agency to develop decarbonization pathways for emissions-heavy sectors in the region.
At the official launch, SGFIN unveiled new scholarships for students in its MSc in Sustainable and Green Finance programme. MAS will expand the scope of its sustainable bond and loan grant schemes to include transition bonds and loans, with safeguards in place to mitigate the risk of “transition-washing”.
The Monetary Authority of Singapore (MAS) will set aside S$15 million for the sustainable bond and loan grant schemes and look to improve market confidence in funds that have environmental, social and governance (ESG) labels and ratings.
The Monetary Authority of Singapore (MAS) has launched a Finance for Net Zero Action Plan, which aims to develop strategies to catalyze the transition towards net-zero carbon emissions in Asia, as well as decarbonization activities in Singapore and the region.
(Channel NewsAsia) Professor Sumit Agarwal, Managing Director of SGFIN, discussed how SGFIN’s research, education and industry outreach are geared towards addressing the sustainable and green finance challenges in Asia and how Singapore is taking the leadership role in this field.