Singapore Ministry of Finance Green Bond Impact Report (2023)
Ministry of Finance, Singapore
Use of Proceeds
Sustainalytics has calculated the estimated impact achieved by the 2022 Green Bond issued by the Ministry of Finance of Singapore. To date, SGD 709 million has been allocated in the clean transportation category to finance the Jurong Region Line and the Cross Island Line in support of the Singapore Green Plan 2030. For a representative year during the bond’s term to maturity, Sustainalytics has calculated 1.23 - 1.84 kilotonnes of carbon dioxide equivalents in avoided GHG emissions.