- Singapore launches massive green finance initiative
- Government commits $500M to attract international investors
- Partnership targets $5B total investment for Asia’s sustainable future
Show Me the Green Money!
The Singapore Government announced a groundbreaking $500 million commitment in concessional funding to boost the Financing Asia’s Transition Partnership (FAST-P).
This dollar-for-dollar matching initiative aims to catalyze up to $5 billion in green financing across Asia.
Dream Team Assembles
FAST-P has attracted an impressive roster of partners, including AIA, BlackRock, and the Asian Development Bank.
The partnership also welcomed recent discussions from the European Commission and Team Europe partners, strengthening its international collaboration network.
Game Plan for 2025
The initiative unveiled three strategic pillars: Industrial Transformation infrastructure debt, Energy Transition Acceleration Finance, and Green Investments partnership.
These programs target critical areas from renewable energy to industrial decarbonization, preparing for capital deployment in 2025.
