Singapore's Temasek, HSBC, Australia pile into $510m green fund

Capital earmarked for sustainable infrastructure in South and Southeast Asia

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Wind turbines in Thailand: The Monetary Authority of Singapore says it has raised $510 million to build green and sustainable infrastructure in South and Southeast Asia. © Reuters

DYLAN LOH

SINGAPORE -- Singapore's central bank on Monday announced that it has received US$510 million in commitments from regional players for a fund to bankroll sustainable infrastructure projects in South and Southeast Asia, as the city-state pushes its role as a capital-raising hub for green finance.

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