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Commentary
S'pore faces tough challenges in green financial hub ambitions
Ecosystem of institutions interested in driving capital flow to sustainability must be created
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As the world economy gradually gets rewired for net zero carbon targets, global financial centres such as Singapore face a formidable challenge to carve out a similar niche in the green future.
Attracting new listings of green bonds in the local capital market is important but will not be enough for Singapore to become a leading hub for sustainable finance.
