Singapore Sustainable Finance Association (SSFA)’s Post

EuroCham Singapore is organising a regional webinar on “Strengthening Sustainable Finance in Southeast Asia", which will be held on 4 July (Thursday) from 4:00 pm - 5:30 pm (SGT). Sign up now at https://buff.ly/4ciKY0M EuroCham Singapore is organising a webinar focused on sustainable finance to enhance the understanding and implementation of sustainable finance practices among banks, funds, and firms in the Southeast Asia region through strategic collaboration among 9 EuroChams in the region. This session is designed to leverage the chambers’ deep knowledge and extensive networks to foster dialogue and share insights on emerging trends and challenges in sustainable finance, both in Southeast Asia and Europe. Attending this webinar will provide you with valuable insights into: - Integration of ESG factors into investment frameworks in Southeast Asia and European markets, illustrated by techniques and success stories - Emerging regulatory trends and financial instruments supporting sustainable development - Technological advancements in sustainable finance, with a comparative analysis of tools and applications enhancing efficiency and transparency between European and Southeast Asian markets - Mr Giandomenico Zappia (EuroCham Vietnam / AQUILA.is) - Mr Martijn Hoogerwerf (ING) - Mr Gavin Adda, (Peak Energy (a Stonepeak Infrastructure Partners company) / EuroCham Singapore) - Mr Noah Beckwith (888 Advisory Associates) #TeamEurope #EuroChamSG #Sustainability Nele Cornelis Izabela Gasoyan Shelly De Groote Christine Jeremiah Mai Josephine Tanya Sahni Nicole Tok Eva Vincetic

Asia Pacific has doubled its share of GSSSB issuance since 2020. In 2023, issuance increased by 7.6% reaching $235 billion. In S&P Global Ratings view, GSSSB market in Asia Pacific could rise 10% in 2024, especially with public sector issuers continuing their inroads in the space. The need to decarbonize regional economies in Asia Pacific will drive supply and demand for green financing. Beyond investments in clean energy and efficiencies, there could be a healthy supply of transition bonds from Japan, and affordable housing could continue to fuel social issuance. Read our full research for Asia Pacific and other regions here: https://lnkd.in/ggRkrxNx. #sustainablefinance #sustainability #financing #greenbonds

When small and medium-sized enterprises (SMEs) meet financial institutions, that's when more transition happens. As Chief Sustainability Officer and Co-chair for JC3 SFG, we care about the future of Malaysian SMEs - whether SME understands the impact of sustainability on their business, whether they are prepared for what's coming, and what support they need to move forward given the challenges posed by climate change, heightened regulations and demands from their anchors. The session with Dr. John was full of energy and enlightenment, we clicked at an instance. Listening to his sustainability journey as SME, reaffirmed that financial institutions can play a pivotal role in helping SMEs navigate these changes. He emphasised with sustainability, businesses can not only survive but also prosper. Looking forward to further collaborate and inspire more SMEs to progress sustainably. #forgingsustainablefuture #smeinclusion #jc3sfg #sustainabilityinmalaysia #greenfinancing #financinggreen #beyondfinancing #smesustainability

Highlights from the Asia-Pacific Financial Forum and ASEAN-BAC Southeast Asia Conference 2024. Last week, the CABC participated in the Asia-Pacific Financial Forum and ASEAN-BAC Southeast Asia Conference 2024 in Bangkok. It was an insightful and productive event, where key themes of digital transformation, ESG practices, and MSME support took center stage. Here are some key takeaways: 1. Digital Transformation & Standardization: - Enhancing trade and financial processes through digital transformation and standardizing digital trade documents and legal frameworks. - Efforts to standardize digital trade documents and align legal frameworks across ASEAN are crucial for streamlined operations. 2. Support for MSMEs: - MSMEs are the backbone of the ASEAN economy, driving growth and job creation. - Improving access to finance and digital tools through reforms and capacity-building initiatives is essential for their success. 3. Public-Private Collaboration: - A collaborative effort among government, financial institutions, and the private sector is vital. - Building a secure, interoperable, and inclusive digital trade environment will foster innovation and growth. Together, we can drive the digital economy forward and support sustainable growth in the region. #DigitalTransformation #MSME #ASEAN #FinancialInnovation #SustainableGrowth #CABC #ASEANBAC

Deep understanding of commodity supply chains is a must if we want to have a resilient food system. Farmers are first hand risk managers and need to be included if we look for real transformation 

How can businesses benefit from #afcftatrading ? -> Market Expansion: Explore new markets within the continent without facing tariff barriers, expanding your customer base and increasing revenue streams. ->> Strategic Partnerships: Collaborate with businesses from different African countries to leverage local expertise, networks, and resources for mutual benefit. ->>>Product Diversification: Identify products and services that are in demand across multiple African markets and tailor offerings to meet diverse consumer preferences. ->>>>Supply Chain Optimization: Streamline supply chains to reduce costs and improve efficiency, taking advantage of the simplified trade procedures under AfCFTA. ->>>>>Investment Opportunities: Invest in sectors that are expected to experience growth as a result of increased trade and economic integration, such as infrastructure, manufacturing, and logistics. ->>>>>>Compliance and Regulatory Support: Stay informed about regulatory changes and compliance requirements to ensure smooth operations across borders and mitigate risks. ->>>>>>>Innovation and Adaptation: Embrace innovation and adapt business models to meet the evolving needs of African consumers and capitalize on emerging market trends. Businesses that proactively engage with AfCFTA stand to benefit from access to a larger market reduced trade barriers, and increased opportunities for growth and expansion across the African continent. Photo by Okwaeze Otusi on Unsplash

On 27 June, the ASEAN Alliance on Carbon Markets (AACM) partnered with LSEG (London Stock Exchange Group), and UK Carbon Markets Forum in co-hosting a critical dialogue on scaling carbon finance that gathered UK and ASEAN business leaders.This event, held on the sidelines of #LCAW 2024, marks a significant step towards fostering a robust carbon market ecosystem in the region. We extend our gratitude to LSEG for their partnership and to the esteemed speakers including: ✅ Catherine McGuiness, UK Carbon Markets Forum and former policy chairman of City of London Corporation ✅ Anindya Novyan Bakrie, Global ambassador of ASEAN Alliance on Carbon Markets ; Chair of Supervisory board of Indonesian Chamber of Commerce and Industry (KADIN) ✅ Haslina Taib, Chair of ASEAN BAC Brunei and CEO of Dynamik Technologies ✅ Suraj A. Vanniarachchy, VP of Global Carbon at Macquarie Group ✅ Rino Donosepoetro, Cluster CEO of Indonesia and ASEAN Markets Standard Chartered for sharing their insights on scaling carbon markets in ASEAN, the dialogue was moderated by Paula VanLaningham, Head of Carbon Research at LSEG and attended by featured leaders in the UK 🇬🇧 AACM remains committed to building an inclusive platform for key players to collaborate and drive sustainable growth. #AACM #ClimateAction #CarbonMarkets #UKASEAN #Partnership

Join us for the 2nd ESG Focused Workshop on Carbon Markets for Sustainable Growth on 10th July 2024, from 10:30 AM to 12:30 PM. This workshop will explore the understanding of carbon markets, global best practices, and opportunities for green financing and investments in Pakistan. Our speakers include Kirthisri Wijeweera, Shahbano Khan, Hamid Rasheed, and Hasan Anwer. Tune into OICCI Pakistan's YouTube channel to watch this insightful session live. Don't miss this chance to learn from the experts! #CarbonMarkets #SustainableGrowth #GreenFinancing #OICCI #UNDP #Pakistan

#carboncredits | #sustainability : The Singapore Carbon Market Alliance (SCMA) is the first platform in Singapore focused on high-integrity carbon credits that are aligned with Article 6 of the Paris Agreement – and the latest initiative to increase Singapore’s leadership as a regional node for carbon services and trusted #carbonmarkets . A joint initiative by the Singapore Economic Development Board (EDB) and IETA (formerly the International Emissions Trading Association), the SCMA directly connects leading international suppliers and enablers of carbon markets to Singapore-based corporates with a demonstrated commitment to sustainability and interest in high-quality carbon credits. Source : https://lnkd.in/gUpG86xi

🌏#MSMEs are crucial for economic growth in Asia Pacific, yet many struggle to access the funding needed to thrive. Enhancing their access to financing is vital for sustainable growth and job creation in emerging markets. 💼🚀 #IFCMSME #MSMEDay #FinancialInclusion IFC - International Finance Corporation IFC Asia Pacific