SSFA Resource - Singapore Sustainable Finance Association

Resources

25/04/2025

Reports & White Papers

Financing Our Natural Capital: A practical guide for FIs getting started on nature financing

Download Here Executive Summary Human life is inextricably intertwined with nature. We rely on plants, animals, air and water to sustain life and economic activity. This reliance, however, has left its mark. As we draw down on our stock of natural capital, we are edging close to – or in some cases even past – the “planetary boundaries” that scientists […]

About the Green Finance Industry Taskforce (GFIT)

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:

Establish Singapore as the premier financial hub for green and sustainable finance in Asia;
Leverage green and sustainable finance as one of the key approaches to achieving Singapore’s green agenda; and
Identify best practices, as well as key measures and resources needed to develop the green and sustainable finance ecosystem in Singapore.

The GFIT advanced the three objectives through the following four key initiatives:

Develop a taxonomy
Improve disclosures
Foster green finance solutions
Enhance environmental risk management practices of financial institutions

GFIT Resources

2023-12-23

MAS Launches World’s First Multi-Sector Transition Taxonomy

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.

2023-06-01