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MAS assigns US$1.8B to climate-related investment opportunities

The Monetary Authority of Singapore is to allocate US$1.8 billion of its Official Foreign Reserves (OFR) to climate-related investment opportunities. At the launch of the inaugural MAS Sustainability Report yesterday, MAS managing director Ravi Menon spoke via video conference about the key role which the financial sector plays in the battle against climate change. “Finance is key to unlocking a…

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