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Green bonds issuance: Time for Singapore stat boards to step up
Republic's focus on mitigating climate change impact a strong catalyst for such issues
Add BT as a preferred sourceClaudia Tan HS
Published Wed, Oct 16, 2019 · 09:50 PM
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Singapore
WITH Singapore gearing up to spend billions of dollars in mitigating the impact of climate change, bankers are looking to statutory boards for the issuance of green bonds to spur the growth of a S$6 billion market in Singapore.
Rahul Sheth, head of sustainable bonds and capital markets at Standard Chartered Bank, said: "Tapping the capital markets by encouraging the issuance of long-tenor sovereign green or sustainability bonds is certainly an effective way to fund these long-term infrastructure investments."
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