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Fast-P’s Green Investments Partnership achieves first close with US$510 mil from MAS, Temasek, IFC

Jovi Ho
Jovi Ho • 4 min read
Fast-P’s Green Investments Partnership achieves first close with US$510 mil from MAS, Temasek, IFC
Investors in Singapore’s blended finance partnership initiative also include the Australian government and British International Investment. Photo: Bloomberg
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The Green Investments Partnership (GIP), a blended finance partnership under Singapore’s Financing Asia’s Transition Partnership (Fast-P) initiative, has achieved its first close with US$510 million ($655.13 million) of committed capital from global and regional private, public and philanthropic institutions.

The Monetary Authority of Singapore (MAS) is part of the group of investors and financiers, which include the Australian government represented by Export Finance Australia, International Finance Corporation (IFC), the Dutch Entrepreneurial Development Bank (FMO), HSBC, Temasek, British International Investment, Bank of the Philippine Islands and Allied Climate Partners.

The European Commission is supporting GIP under its Global Gateway programme.

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