Climate concerns, sustainable finance among focus areas in DPM Wong's G-20 discussions

  • 📰 straits_times
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 69%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

SINGAPORE - Climate concerns and sustainable finance were key focus areas for Deputy Prime Minister Lawrence Wong at the Group of 20 meetings on Saturday .

"On this, Singapore strongly supports the development of a framework for transition finance," he said at the third G-20 Finance Ministers and Central Bank Governors meeting in Bali.DPM Wong, who is also Finance Minister, had a discussion with Australian Treasurer Jim Chalmers on opportunities for collaboration across a variety of areas, including sustainable finance, food security and regulation of carbon markets.

"Singapore is happy to host the Singapore Infrastructure and Urban Hub, which supports World Bank operations in our region," he added.In the crypto arena, Mr Wong said Singapore welcomes the recent Financial Stability Board statement on international regulation and supervision of crypto asset activities.

Regarding taxation, Mr Wong said Singapore will continue to support the work on a Two-Pillar Solution that achieves international consensus, promotes innovation and growth, and delivers fair and consistent outcomes for all jurisdictions. Mr Wong said:"The private sector also plays a key role in infrastructure, including sustainable infrastructure investment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ukraine war to dominate G-20 meeting of finance chiefs in Indonesia
Source: STForeignDesk - 🏆 4. / 71 Read more »

Indonesia urges G-20 finance leaders to make progress in tackling global economic threats
Source: STForeignDesk - 🏆 4. / 71 Read more »

Failure to reach consensus could be catastrophic for low-income nations: G-20 finance chairman
Source: STForeignDesk - 🏆 4. / 71 Read more »

G-20 finance meeting expected to conclude without formal communique: SourcesThe US is founded on genocide, slavery and wars. Its military industrial complex profits immensely from illegal and unnecessary wars of aggression. Its very hard for the US to become a peaceful and responsible stakeholder in the international community.
Source: STForeignDesk - 🏆 4. / 71 Read more »