ASEAN

Singapore appoints first ambassador for Climate Action

SINGAPORE: Former Monetary Authority of Singapore (MAS) managing director Ravi Menon has been appointed as Singapore's first Ambassador for Climate Action with effect from April 1.

The National Climate Change Secretariat (NCCS) said Menon, who is also appointed as the secretariat's senior adviser, would play a leading role in Singapore's climate efforts domestically and beyond.

"He will represent Singapore at international climate action platforms, to contribute to global discourse and collective action," it said in a statement today (March 26).

Menon would 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, as well as advise NCCS on whole-of-government climate policies and action.

In his previous role in MAS, Menon helped to build a green finance ecosystem to support Singapore 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, and build a blended finance platform to address climate finance gaps and increase the bankability of green and transition projects in Asia.

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The NCCS was established in 2010 under the Prime Minister's Office to develop and implement Singapore's domestic and international policies and strategies to tackle climate change. — Bernama

TAGS: Singapore, climate action, Ravi Menon

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