Monetary Authority of Singapore launches world's first grant scheme for 'green' loans

The initiative, called the Green and Sustainability-Linked Loan Grant Scheme, is the first of its kind in the world. - ST

SINGAPORE (The Straits Times/ANN): Companies of all sizes will get more support in securing green and sustainability-linked loans, with a new grant scheme launched by the Monetary Authority of Singapore (MAS) on Tuesday (Nov 24).

The initiative, called the Green and Sustainability-Linked Loan Grant Scheme, is the first of its kind in the world and will start in January next year, said MAS.