Climate & Environment

Singapore pledges up to US$500 million to finance climate action in Asia

With climate finance weighing heavily at the UN COP29 in Azerbaijan, Singapore announced that it will commit up to US$500 million to a national initiative to channel financing to decarbonise Asia. Singapore pledges up to US$500 million to finance climate action in Asia
The US$500 million from Singapore will come in the form of concessional funding, such as grants and loans provided at more favourable terms and below market rates. The Straits Times
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The Straits Times
Published at : November 13, 2024
Updated at : November 13, 2024 13:18
Singapore

The Straits Times

The Straits Times is a Singaporean daily English-language newspaper.


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