How Singapore can lead in green finance amid global fragmentation
Turning policy frameworks into regional execution is the next test
[SINGAPORE] Divided views and slowing actions are threatening the global quest for a green future.
The US government under US President Donald Trump has reversed gears. He has labelled climate change as a “scam” and pushed for the country to continue drilling for fossil fuels such as oil and natural gas.
Meanwhile, the EU, known for its stringent sustainability policies, initiated a “stop the clock” pause to moderate regulatory roll-outs and streamline compliance burdens.
TRENDING NOW
If Europe goes to war, the fallout will be felt in East Asia
Firms linked to haze pledge cooperation in meeting with Shanmugam; government to table changes to haze law
Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status
Keppel seeks US$1 billion for Vietnam investments as it joins country’s international financial centre