Southeast Asia countries have spent little of their COVID-19 recovery funds on sustainable development. There is still time to turn the pandemic into an opportunity.
With the growing urgency for climate solutions, blockchain technology could be a powerful tool to revolutionise green finance, especially as transparency and traceable information are critical in measuring and monitoring climate impact.
Singapore is a key facilitator of coal projects regionally, particularly in Indonesia. As impacts of climate change worsen, Singapore must go beyond encouraging green finance, to regulating funding for environmentally destructive projects.