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Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero

ESG Today

The guidelines set out MAS’ supervisory expectations for the financial institutions to have a sound transition planning process, enabling effective climate change mitigation and adaptation measures by their customers and portfolio companies to manage the transition to a net zero economy, as well as the physical effects of climate change.

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Three steps to reduce emissions while restoring nature

We Mean Business Coalition

We need to halve emissions by 2030 to limit global temperature rise to 1.5°C C and avoid the most catastrophic effects of climate change, as outlined by the Intergovernmental Panel on Climate Change (IPCC). Decarbonizing supply chains alone will not be enough to limit global temperature rise to 1.5°C.