MAS explores need for domestic green taxonomy

green-shoots

The Monetary Authority of Singapore is assessing the potential of a green taxonomy, specifically for local banks.

Speaking on January 22, deputy governor Jacqueline Loh said there was a need for the industry to create a “common green language” to mitigate uncertainty around what products and services are deemed green.

Loh said the central bank was working with the financial sector to determine whether a taxonomy would help channel capital “more effectively to support Asia’s green and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: