Singapore Making Leaps In Green Finance
On October 13th, Ravi Menon, managing director of the Monetary Authority of Singapore, had some promising news to share. Menon took (virtual) center stage as the key-note speaker of the Financial Times ‘Investing for Good’ digital conference. The announcement was the
Climate Strategies in Banking: How the World’s Largest Banks Address Climate Change
Retail banks are exposed to many climate-related risks through the diverse range of sectors they finance to generate profit. Despite alarming evidence of climate risks increasingly having a negative effect on companies, many global banks continue to finance carbon-intensive activities
Beware of Greenwashing in Finance
Green finance, the primary way for the financial industry to promote environmental protection and sustainable economic and social development, faces greenwashing. This means that low-cost funds from green financing are used for non-green projects. This article starts with the explanation of the