Green taxonomy

This week in ESG: Carbon market development grant to offset cost of insuring credits; recent ESG-labelled financing deals under spotlight

It can become a very powerful incentive for poorer performers to improve

Guidance published by the Singapore Sustainable Finance Association also lays out what lenders can do when there is a lack of data on transition activities with a forward-looking screening criteria

Amid economic and geopolitical concerns, sustainability has not been forgotten, but merely reprioritised, an expert says

A sizeable portion of the sustainable financing portfolio of DBS and UOB also adhere to the criteria within the framework

Sustainable Fitch notes that the limited uptake can also be attributed to the high benchmarks required for activities to qualify as transition, and therefore able to access sustainable financing 

Water and air transport infrastructure can now also be funded by the proceeds of these debt instruments

MAS says having a common standard defining green activity is key to improving investor confidence surrounding greenwashing risks

Framework defines activities in eight sectors that qualify for green and brown-to-green funding