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The report is broken into five key sections:
- Introduction to Singapore Asia Taxonomy: explains the standardized framework established by the SAT for classifying economic activities based on their environmental impact.
- Powering sustainable finance for FIs: discusses the role of SAT in achieving portfolio alignment with net-zero goals, enhancing environmental risk management, fostering green innovation through product development, and promoting consistent and transparent sustainability reporting to manage greenwashing risks.
- Corporates go green — The SAT advantage: highlights the benefits of the SAT framework in facilitating lower costs and favorable funding for corporations that align their activities with sustainable practices. By leveraging the SAT, corporations can enhance their environmental responsibility efforts and attract sustainability-focused investors.
- Putting theory into practice — SAT in action: provides practical examples of how the SAT can be implemented by institutions. Included case studies demonstrate the effectiveness of the SAT in guiding sustainable finance practices and illustrate how the SAT framework can be applied to various sectors and activities.
- Charting the course to a sustainable future: highlights the importance of continued collaboration among financial institutions, corporations, and policymakers to achieve a low-carbon economy and calls for ongoing commitment to sustainability, innovation, and transparency to ensure a prosperous and environmentally responsible future for the region.