SSFA issues new guidance for green and transition financing

This guide helps stakeholders in SEA apply the Singapore-Asia Taxonomy for Sustainable Finance.

The Singapore Sustainable Finance Association (SSFA) has launched its new guidance for leveraging the Singapore-Asia taxonomy in green and transition financing.

Created by SSFA's Taxonomy Workstream, this guide helps financial institutions and corporations in Southeast Asia apply the Singapore-Asia Taxonomy for Sustainable Finance (SAT) to develop credible green and transition financing.

Building on over a year of adoption, the SSFA guidance seeks to support further utilisation of the SAT by guiding data availability, treatment of interim thresholds, grandfathering provisions, meeting entity-level transition plan requirements, and the interpretation of amber categories.

The publication also presents preliminary guidance on how to reference the SAT when full alignment is not feasible.