Ravi Menon

Three forces make it so: that the move to greener energy takes time, Asian states’ use of subsidies, and coal being dug in

Singapore can mobilise the necessary financing and bringing together technological solutions and policy frameworks

The city-state’s ambassador for climate action says that all countries share a common objective of addressing the climate crisis

Adaptation financing is insufficient as many climate adaptation projects are not bankable

Non-STI constituents with a market capitalisation of S$1 billion and above will have to comply from FY2028, an extension of three years

Insurance companies may be able to cover specific kinds of project risks that cannot be mitigated by concessional capital or technical assistance, says Singapore’s ambassador for climate action

Governments and businesses will eventually have to respond to a disorderly transition to a low-carbon world, he adds

Nature will set the timeline regardless of electoral or business cycles, says Singapore’s ambassador for climate action

The board of directors will also be guided by an international advisory board