Surge in green financing activity in S'pore; trend likely to continue

Proceeds raised by green bond issues here rose more than 200 per cent from 2020 to S$8.31 billion in 2021. ST PHOTO: LIM YAOHUI
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SINGAPORE - Green financing activity picked up in Singapore last year, and the bullish trend looks set to continue.

Proceeds raised by green bond issues here rose more than 200 per cent from 2020 to US$6 billion (S$8.31 billion) in 2021, noted financial market data provider Refinitiv.

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