Singapore Sustainable Finance Association (SSFA)

Financial institutions play a crucial role in supporting the financing needs that arise from their clients’ net zero transition. There is also the pressing issue of preserving biodiversity and building climate resilience. However, these multi-faceted challenges necessitate multi-stakeholder collaboration to drive more capital and innovative solutions towards bridging the net zero financing gap. Singapore is well-placed as a regional financial centre to leverage its strengths to support Asia in its net zero transition.

The Monetary Authority of Singapore (MAS) and the financial industry established the Singapore Sustainable Finance Association (SSFA), building on the success and achievements of the industry-led Green Finance Industry Taskforce (GFIT). The SSFA will foster closer collaboration across various asset classes in the financial sector and strengthen the nexus with real economy sectors, to support the growth of Singapore as a trusted, vibrant, and inclusive sustainable finance centre.