Launched by the Monetary Authority of Singapore in 2023, FAST-P is a blended finance initiative which brings together global public, private and philanthropic partners to support Asia’s decarbonisation. The Singapore Government has pledged up to US$500 million as concessional capital, to match dollar-for-dollar, concessional capital from other partners, including other governments, multilateral development finance institutions and philanthropies. This combined pool of concessional capital will be used to crowd in commercial capital and other sources of finance to support Asia’s green energy transition.

FAST-P

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FAST-P

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