Singapore gives green finance framework a third boost
Efforts to establish a green taxonomy in Singapore received another boost as the city state launched its third consultation on the matter.
The country’s administration said the consultation is part of efforts to establish so-called ‘Do No Significant Harm’ criteria, proposing a traffic light structure for its taxonomy by including ESG financing activities.
Singapore’s government stressed it will be the final time interested parties are invited to share their thoughts on how to set standard for five so-called ‘high-impact sectors’.
The government said a final document should be ready by June of this year.