Select a page

Banking News

Singapore Outlines Sovereign Green Bond Issuance Guidance

Singapore Outlines Sovereign Green Bond Issuance Guidance

(9 June 2022 – Singapore) Singapore has released an outline for its first sovereign green bond with the publication of the Singapore Green Bond Framework.

The move opens up the market for the city state’s first sovereign green bond to be issued in 3Q 2022. Singapore is actively exploring the use of green bonds for climate change adaptation including coastal protection.

"As a low-lying island city-state with one-third of our land less than 5m above sea level, Singapore must adapt to rising sea levels. We are hard at work in developing options to protect our coastline, combining engineering solutions with nature-based elements, such as the planting of mangroves and seagrasses” commented Minister in the Prime Minister's Office Indranee Rajah.

Comment on this article

 

Your comments will not be published. Required fields are marked *

 

Please enter the word you see in the image below:


Subscribe

Subscribe to our mailing list

Sign up now to keep up-to-date with the latest
market news and insights in B2B banking.

* indicates required

For more information please read our Terms and Conditions and Privacy Statements.