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Asia-Pacific

Singapore Consults on Green Taxonomy

Proposed traffic light-based taxonomy is accompanied by a user guide for financial institutions and companies.

Singapore’s GFIT (Green Finance Industry Taskforce) has issued a second consultation on its proposed taxonomy, which uses a traffic-light system to classify economic activities. The consultation follows the January 2021 release of a proposed framework for a green taxonomy for Singapore-based financial institutions by GFIT, a multi-stakeholder group convened by MAS (Monetary…

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