SINGAPORE: Mr Ravi Menon, the former chief of the Monetary Authority of Singapore, will be the country's first Ambassador for Climate Action.
He will play a leading role in Singapore’s climate efforts domestically and beyond, as well as represent the country at international climate action platforms.
"He will also drive public-private partnerships with local stakeholders, in particular the business community, to help them seize opportunities to succeed in a low-carbon future," the National Climate Change Secretariat (NCCS) said on Tuesday (May 26).
Mr Menon will also be a senior adviser at NCCS, which falls under the Prime Minister's Office.
Both appointments take effect on Apr 1.
Singapore has set a target of achieving net-zero emissions by 2050.
Some strategies towards meeting that goal include investing in low-carbon technologies and encouraging changes in business practices.
"Singapore will play an active role in fostering international collaboration to catalyse global climate action, and will leverage our strengths as a global hub to do so," NCCS added.
Mr Menon was the longest-serving managing director of the MAS, having held the position from 2011 until his retirement on Jan 1 this year.
During his time at the central bank, he helped to build a green finance ecosystem to support Singapore’s and Asia’s transition towards a low-carbon future.
He also led MAS' efforts to develop a taxonomy for transition financing, forge an international coalition to promote transition credits, as well as build a blended finance platform to address climate finance gaps and increase the bankability of green and transition projects in Asia.
"Mr Menon has a strong international network in climate finance," said NCCS, noting that he has chaired international committees such as the Network of Central Banks and the Asia-Pacific Advisory Board of the Glasgow Financial Alliance for Net Zero.
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He will play a leading role in Singapore’s climate efforts domestically and beyond, as well as represent the country at international climate action platforms.
"He will also drive public-private partnerships with local stakeholders, in particular the business community, to help them seize opportunities to succeed in a low-carbon future," the National Climate Change Secretariat (NCCS) said on Tuesday (May 26).
Mr Menon will also be a senior adviser at NCCS, which falls under the Prime Minister's Office.
Both appointments take effect on Apr 1.
Singapore has set a target of achieving net-zero emissions by 2050.
Some strategies towards meeting that goal include investing in low-carbon technologies and encouraging changes in business practices.
"Singapore will play an active role in fostering international collaboration to catalyse global climate action, and will leverage our strengths as a global hub to do so," NCCS added.
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Mr Menon was the longest-serving managing director of the MAS, having held the position from 2011 until his retirement on Jan 1 this year.
During his time at the central bank, he helped to build a green finance ecosystem to support Singapore’s and Asia’s transition towards a low-carbon future.
He also led MAS' efforts to develop a taxonomy for transition financing, forge an international coalition to promote transition credits, as well as build a blended finance platform to address climate finance gaps and increase the bankability of green and transition projects in Asia.
"Mr Menon has a strong international network in climate finance," said NCCS, noting that he has chaired international committees such as the Network of Central Banks and the Asia-Pacific Advisory Board of the Glasgow Financial Alliance for Net Zero.
Related:
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