MAS explores need for domestic green taxonomy
Taxonomy could help steer capital towards the region’s green priorities, deputy governor says
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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
- Central banks prepare for the rise of AI
- Central bank of the year: Central Bank of Brazil