Comprising members from financial services, non-financial sector corporates, academia and other industry bodies, the SSFA will focus on:
Driving and shaping policy & regulatory developments, including development of industry best practices and guidance
Strengthening outreach and engagements within the financial sector, and with real economy sector and government agencies
Deepening capacity building
Fostering international collaboration
Key Workstreams
As a start, the SSFA will focus on five priority workstreams:
CARBON MARKET
Support the development of a vibrant and transparent carbon market.
TRANSITION FINANCE
Scale transition finance and mainstream financial institutions transition planning, including developing an ecosystem conducive for transition finance.
BLENDED FINANCE
Foster collaboration and convene market players to explore how to scale blended finance models.
NATURAL CAPITAL AND BIODIVERSITY
Support the financial sector in addressing nature-related risks and opportunities.
TAXONOMY
Explore practical applications and enhance interoperability of the Singapore-Asia taxonomy with other international taxonomies.