Greening the world through finance

Financial sector has key role in promoting greater awareness, adoption of transition finance

Tan Su Shan For The Straits Times

There is an urgent need for high-impact industries to access funding that will allow them to adopt mechanisms to become greener as part of a post-Covid-19 transition, says the writer, adding that this is where transition finance comes in, allowing companies in polluting sectors to adopt incremental solutions. PHOTO: AGENCE FRANCE-PRESSE

Updated

Published

November 16, 2020 at 5:00 AM

Finance will play a pivotal role in transitioning Asia towards a more sustainable future.

Banks and financial institutions in the region have been taking the fight to climate change through the provision of green finance - whether in the form of green bonds or sustainable lending products.

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