Sustainable investing should be pushed into the mainstream
As green bonds gain momentum and stature over time, Singapore has to ensure it is ahead of the curve to secure its credentials as Asia's hub for sustainable finance.
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THE global transition to a low-carbon, clean-energy economy is well under way with strides being made in the global reduction in greenhouse gas emissions. Progress can also be seen through the development of the green bond market.
Until recently a nascent concept, sustainable investing is starting to take root.
The key stakeholders in this - governments, corporations, the financial system - are beginning to realise that the part they play (in the way they allocate capital) will shape the speed of low-carbon transition and future economic growth.
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