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Second-Party Opinion Download

Project Details

Project

Singapore Green Bond Framework Impact Report (2023)

Client

The Ministry of Finance of Singapore

Project Type

Impact Reports

Industry Group

Banks

Use of Proceeds

N/A

Location

Singapore

Evaluation Date

Sep 2023

Evaluation Summary

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.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/singapore-ministry-of-finance---green-bond-impact-report-(2023).pdf?sfvrsn=4ec171ce_1