Monetary Authority of Singapore launches Singapore Sustainable Finance Association to drive low-carbon transition

The Monetary Authority of Singapore (MAS) on January 24 launched the Singapore Sustainable Finance Association (SSFA) to support the country’s shift to a low-carbon economy. The SSFA’s first-year work plan focuses on carbon markets, transition finance, blended finance, natural capital and biodiversity, and taxonomy. 

The association aims to encourage collaboration between financial and non-financial sectors and support the growth of sustainable finance capabilities.