Singapore's Monetary Authority of Singapore Deepens Collaboration with China's Central Bank for Green Finance Initiatives

Tuesday, 21 May 2024, 10:21

In a recent development, Singapore’s Monetary Authority of Singapore (MAS) has intensified its collaboration with China's central bank to bolster green finance initiatives. This partnership aims to drive sustainable investments and support environmental projects. Additionally, MAS announced plans to raise up to US$1.9 billion through sovereign bonds for funding green projects, demonstrating a strong commitment to sustainable finance. The deepening ties between the two financial authorities highlight the growing emphasis on green finance in the global economic landscape.
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Singapore's Monetary Authority of Singapore Deepens Collaboration with China's Central Bank for Green Finance Initiatives

Singapore's Monetary Authority of Singapore Enhances Cooperation with China's Central Bank

In a significant move towards promoting sustainable finance, Singapore's Monetary Authority of Singapore (MAS) has strengthened its partnership with China's central bank. This collaboration aims to accelerate investments in environmental projects and sustainable initiatives. As part of this endeavor, MAS has announced its intention to raise up to US$1.9 billion through sovereign bonds to fund environmental projects.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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