Green bond issuances must then meet the criteria stated in the new framework.
The government has published the Singapore Green Bond Framework, first announced at Budget 2022 in February. This sets the stage for Singapore’s first sovereign green bond to be issued in the coming months.
To qualify, projects must first be classified “nationally significant” under the Significant Infrastructure Government Loan Act, or Singa, says Indranee Rajah, minister in the prime minister’s office; and second minister for finance and national development.
