Platform for REDESIGN 2020

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Sustainable finance (public/private)/market mechanisms/carbon pricing

Enhancing resilience of the financial sector

As part of the upcoming 2020 Singapore FinTech Festival, the Monetary Authority of Singapore (MAS) launched the S$1.75 million MAS Global FinTech Innovation Challenge on 8 June 2020. Themed “Building Resilience, Seizing Opportunities and Emerging Stronger”, the challenge seeks to recognise ground-breaking solutions that enable the financial sector to respond better to two key global challenges – the COVID-19 pandemic and climate change. MAS will work with the industry and global FinTech companies to develop and recognise innovative solutions to promote and support both sustainable and green finance around the world.

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