In November 2019, the Monetary Authority of Singapore (MAS) announced a US$2 billion green investments program (GIP) to promote "environmentally sustainable projects and mitigating climate change risks in Singapore and the region". Within a year, the SMU Lee Kong Chian School of Business and the Imperial College Business School launched the MAS-funded Singapore Green Finance Centre (SGFC). Its goals include building "a new ecosystem for sustainable investing in Asia, attracting mainstream investment towards the biggest developmental and economic challenge of our time: climate change". SMU Professor of Finance (Practice) Dave Fernandez and Director of the SMU Sim Kee Boon Institute for Financial Economics (SKBI) explained how the SGFC aims to bridge the gap between research and business, and how the SGFC will be a collaboration between SKBI and the Centre for Climate Finance and Investment at Imperial College London.
20210602-Building Green Finance in Asia.pdf
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