Singapore Moves Toward Finalizing Green Taxonomy with Final Public Consultation Period

March 14, 2023

Last month, Singapore’s Green Finance Industry Taskforce (GFIT) launched the final consultation period to finalize its Green and Transition Taxonomy (the “Taxonomy”). This is Singapore’s third public consultation on the Taxonomy, following two earlier consultation periods. While the prior consultations focused on the energy, real estate, and transport sectors, the current consultation seeks responses for the agriculture and forestry/land use, industrial, waste and water, information and communications technology, and carbon capture and sequestration sectors. The consultation period will close on March 15, 2023, and GFIT is expected to publish the final Taxonomy by mid-2023.

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