The inaugural meeting in Chongqing, China, saw discussions on joint initiatives aimed at scaling up green and transition financing flows between Singapore, China and the region.
The Monetary Authority of Singapore (MAS) and People’s Bank of China (PBOC) announced the establishment of the China-Singapore Green Finance Taskforce (GFTF) on April 21.
The taskforce, which is co-chaired by MAS’s assistant managing director (development and international) and chief sustainability officer, Gillian Tan, and chair of the China Green Finance Committee, Ma Jun, will deepen bilateral cooperation in green and transition finance between both countries. It will also facilitate greater public-private sector collaboration to better meet Asia’s needs as it transitions to a low-carbon future.
