Building Capabilities and Platforms: Centres of Excellence and Industry Associations

Skills and Capabilities

To establish Singapore as a regional knowledge hub for sustainable finance, the Monetary Authority of Singapore (MAS) has anchored Centres of Excellence (CoEs), think tanks and research networks, and is deepening sustainable finance skills and capabilities. This will enhance and expand Asia-focused climate research and training, and develop a strong pipeline of local sustainable finance talents.

Three CoEs with distinct value propositions are anchored in Singapore:

1. The Singapore Green Finance Centre
2. The Sustainable Finance Institute of Asia
3. The Sustainable and Green Finance Institute

Singapore Sustainable Finance Association

The Singapore Sustainable Finance Association (SSFA) was launched in January 2024 to collaborate across the financial and real economy sector and support the growth of Singapore as a trusted, vibrant and inclusive sustainable finance centre.

SSFA’s efforts are driven through five key workstreams: Taxonomy, Natural capital and biodiversity, Carbon markets, Blended finance and Transition finance.