Green finance

Beyond financing, other avenues include leveraging Chinese technological solutions

While constraints remain, a faster pace of implementation is increasingly feasible

SMEs drive the increase with S$7.8 billion extended in loans to help them accelerate sustainable business practices

How Asia’s trade hub can foster the right conditions for low-carbon markets to thrive

But challenges can be seen as an opportunity to link market reform and financial stability with better stewardship and environmental resilience

It also supports the nation’s rise to dominance in green manufacturing, including batteries, solar panels and wind turbines

If Jakarta goes to the New Development Bank primarily for cheap loans, it could find itself repeating the very vulnerabilities it seeks to escape

Blended finance is central to this strategy

For the region to move from passenger to pioneer, it must fix the mismatch between local ambition and global finance