"We aim to reduce risks to the portfolio across different climate scenarios, seize investment opportunities from the transition to a lower carbon future and support the transition of portfolio companies," Ravi Menon, managing director of the Monetary Authority of Singapore told a news conference on Wednesday.
The MAS, which manages the country's official foreign reserves, said the deployment of the funds was part of its green investment program.Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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