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A French-Indonesian initiative aims to accelerate the closure of coal plants, highlighting the potential for private finance to play a crucial role in reducing emissions. The Coal Transition Commission advocates for relaxed sustainability criteria and innovative financing solutions, including blended finance and carbon credits, to support this transition. However, skepticism remains regarding the effectiveness of carbon markets and certain technologies proposed for emissions reduction.
Ravi Menon, the former head of the Monetary Authority of Singapore, is leading a new financial and technology network aimed at raising funds for startups. He will serve as chairman, while Sopnendu Mohanty, the current chief fintech officer, will take on the role of chief executive starting in February.
Ravi Menon
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coal transition commission calls for urgent investment to phase out coal plants
Monetary Authority of Singapore
International Energy Agency
Bloomberg Inc.
IDN
FRA
SGP
GBR
Mark Carney
Agnès Pannier-Runacher
Emmanuel Macron
Ravi Menon
Paddy McCully
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08:58 12.11.2024
singapore fintech network launched with ravi menon as chairman
08:02 30.10.2024
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