The Asian Development Bank (ADB), Global Energy Alliance for People and Planet, and MAS have recently entered into a Memorandum of Understanding (MoU) with the aim of establishing an energy transition acceleration finance partnership. This partnership intends to mobilize concessional capital from the philanthropic and public sectors, as well as de-risk projects and attract private capital from across the world to finance energy transition projects in Asia. Through this collaboration, the organizations hope to facilitate the funding of sustainable energy initiatives in the region, thereby contributing to the transition towards cleaner and more environmentally friendly energy sources.
HomeDIGITAL ASSETS REGULATORYsingapur_MASADB, GEAPP, and MAS Join Forces to Create Energy Transition Acceleration Finance...