Green Fintech

Singapore and China Central Banks Bolster Green Finance Cooperation

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) are advancing their cooperation in green and transition finance. This announcement follows the 2nd China-Singapore Green Finance Taskforce (GFTF) meeting held on 20 May 2024. The GFTF,

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Temenos and Microsoft Azure Power More Efficient, Greener Banking Platform

Banking software company Temenos has announced a new sustainability benchmark for its cloud-native banking platform on Microsoft Azure, highlighting its efficiency in managing digital transaction demands while aiding banks in achieving sustainability goals. The benchmark, which used Temenos Retail Enterprise

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Climate Impact X to Launch New Market Intelligence Service

Climate Impact X (CIX), a provider of global carbon market solutions, announced it will introduce a new market intelligence service aimed at enhancing decision-making and transparency within the voluntary carbon market (VCM). The CIX Intelligence service, expected to launch in

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UK and Singapore Discuss Green Finance Gaps, Digital Asset Regulation

The United Kingdom and Singapore had convened for the 9th UK-Singapore Financial Dialogue yesterday (8 May 2024) to deepen their cooperation in sustainable finance and fintech. The dialogue focused on various pivotal areas including sustainable finance, fintech innovation, non-bank financial

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How Project Savannah Paves the Way for MSMEs to Embrace ESG Reporting

In a promising collaboration, the United Nations Development Programme (UNDP) has joined forces with the Monetary Authority of Singapore (MAS) and the Global Legal Entity Identifier Foundation (GLEIF) to launch Project Savannah, a potentially transformative initiative aimed at empowering Micro,

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G20 TechSprint 2024 Seeks Solutions for Biodiversity, ESG Data, Sustainable Finance

The Bank for International Settlements (BIS) and the Central Bank of Brazil (BCB) have announced the launch of the fifth G20 TechSprint 2024 initiative. This year’s competition aims to foster innovation in sustainable finance to support the Sustainable Development Goals

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Singapore Pledges S$35 Million in Sustainable Finance Skills Development

The Monetary Authority of Singapore (MAS), in collaboration with the Institute of Banking and Finance (IBF) and Workforce Singapore (WSG), has launched the Sustainable Finance Jobs Transformation Map (JTM). This initiative outlines the necessary skills updates for the local financial

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OCBC Reports Sixfold Increase in Eco-Care Car Loans Amid Rising EV Popularity

OCBC has reported a major increase in its Eco-Care Car Loans, with numbers surging over sixfold in 2023 compared to their launch year in 2021. This rise coincides with a growing environmental consciousness among Singaporeans and a governmental push towards

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ADB to Support Finance Ministers with New ASEAN Climate Finance Platform

The Asian Development Bank (ADB) is set to introduce an ASEAN Climate Finance Policy Platform, aimed at aiding finance ministers in Southeast Asia to collectively tackle climate change. This announcement was made by ADB President Masatsugu Asakawa, highlighting the urgent

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13 Fintech Giants Back Programme Sirius to Promote MSME Sustainability in APAC

Programme Sirius has been launched to support Micro, Small, and Medium-Sized Enterprises (MSMEs) in the Asia-Pacific region on their path towards sustainability. With the backing of 13 fintech industry leaders from 11 economies, the programme aims to bolster MSMEs’ efforts

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