Key Developments in relation to Green Finance and the Lending Market in Singapore

The second quarter of 2023 saw several developments that may affect the Singapore lending market. In this update, International lawyers May Ng and Vimal Sadhwani, Senior Associate Eleanor Pang and Associate Anita Gill highlight developments relating to (i) the criteria for early-phase-out of coal-fired power plants under the Singapore-Asia Taxonomy, (ii) credible transition planning by financial institutions, (iii) the launch of the Finance for Net Zero Action Plan, and (iv) the collaboration between Singapore and China in financial connectivity and green and transition finance.

Please click here to read the update.