Devoting finance to hard-to-abate carbon-heavy sectors like steel, cement
Experts say the latest move by Singapore's central bank to devote climate financing to carbon-heavy sectors like steel and cement is vital to set them on the right track. These industries struggle to find financing, as it takes longer to see returns on investment. Claudia Lim takes a closer look from the United Nations Climate Change Conference in Azerbaijan.
Experts say the latest move by Singapore's central bank to devote climate financing to carbon-heavy sectors like steel and cement is vital to set them on the right track. These industries struggle to find financing, as it takes longer to see returns on investment. Claudia Lim takes a closer look from the United Nations Climate Change Conference in Azerbaijan.