Singapore’s central bank is stepping up a green finance collaboration with its counterpart in China, it said Tuesday, as it separately announced plans to sell up to US$1.9 billion of sovereign bonds to fund environmental projects.
The Monetary Authority of Singapore said the initiatives discussed at the latest meeting with the People’s Bank of China on Tuesday included the facilitation of green finance flows between the two countries, and development of a decarbonization ratings platform.
Source: WSJ
