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Green financing on the rise in Singapore as firms spend more on sustainable projects
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ST Telemedia Singapore 6 has a rooftop solar photovoltaic system that will help reduce approximately 158 tonnes of carbon dioxide emissions.
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SINGAPORE – Banks are fast expanding their lending in the “green economy” as companies ramp up their spending on sustainable projects.
The accelerating move to go green is being accompanied by a Monetary Authority of Singapore (MAS) initiative to better clarify guidelines around sustainable and transition activities.
