New funding platform launched

Projects in the areas of the circular economy, sustainable energy or social impact in Asia now have a new potential source of funding in the Sustainable Finance Collective Asia.

The funding platform was launched by ING Bank at the Responsible Business Forum on Sustainable Development in Singapore, with the support of Credit Suisse, Dutch development bank FMO and the United Nations Development Program’s Social Impact Fund.

The launch of SFC Asia comes on the heels of the COP 22 in Marrakech, which concluded without a deal for richer nations to help fund the efforts of less developed, climate-vulnerable nations in reducing emissions and becoming climate resilient.