Sustainable finance gains momentum in Asia-Pacific as Singapore leads the way The demand for sustainable financing is rising across Asia-Pacific (ASPAC) countries. Among ASPAC countries, Singapore leads the way, reflecting its commitment to advancing sustainable finance. With the aim of being the lead in green finance in Asia and globally 3 , the Republic is encouraging its financial sector to promote sustainable development opportunities. Moving in step with the country’s ambition, the Monetary Authority of Singapore (MAS) has launched various initiatives to propel green finance, including grants to support sustainability-linked lending, as well as provisioning up of a USD 1.8 billion to five asset managers for climate-related investments. The government has also launched a green bonds initiative to tap on sustainable funds for public sector projects. These efforts are geared in part towards the roadmap of Singapore’s Green Plan 2030, a whole-of-nation movement that identif...