International Experiences in Green Finance Development

35 Green Finance Ecosystem in Singapore Type Organization Function Intergovernmental agency Green Finance Industry Taskforce (GFIT) Working group for taxonomy building and consultation body Industry Singapore Exchange (SGX) Singapore’s stock/ debt exchange Climate Impact X Carbon market of Singapore STACS Fintech company for green finance data The Institute of Banking and Finance (IBF) Responsible for green finance skills training and certification The Association of Banks in Singapore (ABS) Banking sector association, member of GFIT Investment Management Association of Singapore (IMAS) Financial sector association, member of GFIT Singapore Venture Capital and Private Equity Association Financial sector association, member of GFIT General Insurance Association of Singapore (GIA) Financial sector association, member of GFIT Government of Singapore Investment Corporation (GIC) Singapore sovereign wealth fund Temasek Group Singapore sovereign wealth fund