coal-fired power plants

The coalition’s members include Temasek, GenZero, Citi, Standard Chartered, DBS and OCBC.

“Transition” refers to activities that do not meet the green thresholds now but are on a pathway or contributing to net zero.

MAS’s Sustainable Finance Advisory Panel met on Sept 26 and discussed possible financing mechanisms.

A new working paper sets out how high-integrity carbon credits can be used as a complementary financing instrument.

“It’s rare to see a central bank worry about coal. But, we realised that it was something needle-moving for Asia’s transition.”

The guidance will outline practical steps that financial institutions can take to support the financing of coal phase-out.

SINGAPORE (Apr 22): Oversea-Chinese Banking Corp, Southeast Asia’s second-largest lender, says two Vietnamese coal-fired power plants it finances will be its last as it increases funding for renewable projects.

(Apr 17): Oversea-Chinese Banking Corp., Southeast Asia’s second-largest lender, said two Vietnamese coal-fired power plants will be the last it finances as it increases funding for renewable projects.