Download Now Foreword By Singapore Sustainable Finance Association. Singapore’s pursuit of net-zero emissions by 2050 is contingent on multiple factors, from the maturity of decarbonisation technologies to effective international cooperation1. Included within this ambition is the decarbonising of the real estate sector, which is substantial in both size and emissions. The Singapore Sustainable Finance Association (SSFA) facilitates collaboration […]
Download Now Foreword The voluntary carbon market (VCM) is increasingly recognised as a crucial mechanism to crowd in financing to address climate change. Carbon markets are now a core instrument for global climate action. Across jurisdictions, we see a mosaic of arrangements: compliance systems underpinned by domestic and regional regulation. Against this backdrop, the […]
Download Here SSFA’s Director, Kavitha Menon, contributed as a reviewer, supporting the paper’s development and offering insights on integrated approaches to implementing the Rio Conventions. Executive Summary The 2025 White Paper From Silos to Synergies outlines the progress and practical pathways for integrated implementation of the Rio Conventions. It highlights how countries are advancing from fragmented, […]
Download Here SSFA is proud to be among the supporting organisations of the Shared Principles for Growing High-Integrity Use of Carbon Credits. “High-integrity carbon markets are key to building market confidence. SSFA welcomes the Shared Principles as an important step toward greater alignment across governments on the credible use of carbon credits, responding to […]
Download Here The ASEAN Common Carbon Framework (ACCF) was noted as an initiative aimed at accelerating the development of high-integrity carbon markets in ASEAN, through supporting the supply of high-quality carbon credits, strengthening demand signals, and advancing coordinated decarbonisation efforts with enhanced regional cooperation. Executive Summary WE, the Association of Southeast Asian Nations (hereinafter […]
Download Here The ASEAN Common Carbon Framework (ACCF) was highlighted as a key legacy initiative under the ASEAN Business Advisory Council, highlighting its role in strengthening regional business integration and supporting ASEAN’s transition towards a sustainable, low-carbon growth through enhanced public-private sector engagement. Executive Summary The Fifty-Seventh ASEAN Economic Ministers’ (AEM) Meeting was held on […]
The Green Finance Industry Taskforce (GFIT) is an industry-led initiative convened by the Monetary Authority of Singapore (MAS) from November 2019 to April 2023 consisting of representatives from financial institutions, corporates, non-governmental organisations, and financial industry associations.
Key Objectives:
The GFIT advanced the three objectives through the following four key initiatives:
The Singapore-Asia Taxonomy sets out detailed thresholds and criteria for defining green and transition activities that contribute to climate change mitigation across eight focus sectors.
GFIT Publication - Cultivating Singapore’s Sustainable Finance Ecosystem to Support Asia’s Transition to Net-Zero
GFIT Infographic
Prioritise organisations with a defined approach to sustainable finance and have demonstrated thought leadership
Domain expertise in areas that are of strategic importance to SSFA
Prioritise corporates from sectors that are critical for Singapore’s decarbonisation
Ability and capacity to contribute to SSFA’s activities – workstreams and events
