As a leading financial hub, Singapore is witnessing a growing interest in Green Finance amid a broader transition towards a sustainable, green economy. Various stakeholders such as the Monetary Authority of Singapore (MAS), the Association of Banks in Singapore (ABS) and the Singapore Exchange have...
SIIA Chairman Simon Tay spoke at the Sustainable Forum 2018 on 23 July 2018 in Bangkok, organised by the Bank of Thailand. Prof Tay appeared on a panel on "Financing while Preserving Environment", commenting on Singapore's early steps towards green growth in the financial sector. While...
ASEAN’s economy is expected to grow at an estimated 5.1 percent annually, but its energy demand and greenhouse gas (GHG) emissions will also increase by 67 percent by 2030. To counteract this trend, in December 2017, the Philippines ratified a coal tax in December 2017, after...
By Chen Chen Lee and Lau Xinyi The fight against climate change has notably taken a hit during US President Donald Trump's first year in office. Besides rolling back domestic policies and regulations from the era of his predecessor Barack Obama, Mr Trump also announced plans to withdraw...
By Simon Tay and Cheryl Tan City-state seeks cooperation boost despite differences over Trump, China and Myanmar refugees Singapore is settling into its one-year rotating chairmanship of the Association of Southeast Asian Nations at a time when the region's economic growth is outperforming the world. But the...
Has commitment to the Paris Agreement been weakened or strengthened by US President Donald Trump's decision to pull America out of the deal? What does the US withdrawal actually mean in technical terms, considering that the US can only formally leave in 2020? We held a...
US President Donald Trump's move to withdraw America from the Paris Agreement has once again sparked global attention about the fight against climate change and the need to be sustainable. But what does this mean for our own consumption habits and what we do as...
US President Donald Trump’s recent announcement that America will withdraw from the Paris Climate Accord signals Washington’s unwillingness to take the lead in fighting climate change. With a new power vacuum in the global effort against climate change, it is an opportune moment for ASEAN...
US president’s decision to pull out of climate accord shouldn’t prevent the region from re-orienting its economic model. It should, however, spur it to consider how to go on without relying too much on America By Simon Tay It should not surprise anyone that US President Donald...
United States President-elect Donald Trump may have labelled climate change a hoax, but that has not stalled the momentum behind last month’s United Nations’ Climate Change Conference in Marrakech, Morocco. Less than one year after its adoption, the Paris climate agreement has entered into force, with...