SINGAPORE, Nov. 15 (Xinhua) -- Singapore's record in environmental protection and connections to the region makes it well-positioned to move forward with green finance, according to a report released here on Wednesday.
The Singapore Institute of International Affairs (SIIA) launched the report, titled the Collaborative Initiative for Green Finance in Singapore: Singapore as a Green Finance Hub for ASEAN and Asia, at the G20 Green Finance Conference Singapore.
The report is a major outcome of the Collaborative Initiative on Green Finance in Singapore, which is a five-month-long engagement of the financial sector to establish the baseline for the country's current level of understanding of green finance.
It outlines opportunities and possibilities, and proposes recommendations to develop a shared vision on how to move Green Finance forward.
The G20 Green Finance Conference is jointly organized by the Asia Securities Industry and Financial Markets Association (ASIFMA) and the Global Financial Markets Association.
