Eco Money: Blended finance and the road to net zero

The Monetary Authority of Singapore will contribute to a $5 million Asia climate solutions grant - This is part of a push to move closer to net-zero carbon emissions by 2050. The grant will be hosted by a global network for blended finance. The funding was announced at the inaugural Transition Finance Towards Net Zero Conference.  The Monetary Authority of Singapore, together with knowledge partners McKinsey & Company and Convergence Blended Finance, hosted the event which sought to bring together key public and private sector stakeholders to mobilise capital at scale to help economies and corporates decarbonise. Rachel Kelly speaks with Sven Smit, Senior Partner, McKinsey & Company to find out more. See omnystudio.com/listener for privacy information.