Australia’s investment, administered by Export Finance Australia (EFA), will help facilitate investment opportunities in clean energy and sustainable infrastructure projects across Southeast Asia and create commercial opportunities for Australian exporters and financial institutions, says MAS.
The Australian government has approved a US$50 million ($67.24 million) investment into the Green Investments partnership (GIP) under Singapore’s Financing Asia’s Transition Partnership (Fast-P) initiative, the Monetary Authority of Singapore (MAS) announced on Dec 3.
The investment will support clean energy transition and sustainable infrastructure development across Southeast Asia, according to MAS, which launched Fast-P at COP28 in 2023.
