Issue 169: Carbon credit insurance gets MAS boost; sustainable loans draw scrutiny
This week in ESG: Carbon market development grant to offset cost of insuring credits; recent ESG-labelled financing deals under spotlight
Carbon markets
Tackling integrity through insurance
The field of carbon credit insurance could get a boost from Singapore’s newly announced initiatives to support the development of carbon markets.
As part of those initiatives, the Monetary Authority of Singapore (MAS) is launching a S$15 million Financial Sector Carbon Market Development Grant to address “near-term cost barriers” faced by financial institutions.
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