​Pentagreen Capital, manager of a blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (“FAST-P”) initiative, and Tinfund Pte Ltd (“Tinfund”), a joint venture between Tinfos AS and Norfund, today announced the signing of a financing facility of up to US$45 million to support the implementation of small run-of-river power plants in Indonesia.

Pentagreen Capital, manager of a blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (“FAST-P”) initiative, and Citicore Solar Energy Corporation (“Citicore”), part of the Citicore Renewable Energy Corporation, today announced a financing of US$55 million to unlock the implementation of solar and battery storage projects in the Philippines.

The Monetary Authority of Singapore (MAS) today announced that the Green Investments Partnership (GIP), a blended finance partnership under singapore’s Financing Asia’s Transition Partnership  (FAST-P) initiative, has achieved its first close with US$510 million of committed capital from global and regional private, public and philanthropic institutions. The capital will be deployed into green and sustainable infrastructure opportunities in Southeast and South Asia across a strong pipeline of transactions.

Singapore and the United Kingdom (UK) announced a collaboration on 12 July 2025 to drive clean energy transition and advance the development of sustainable infrastructure across Southeast Asia. During his official visit to Singapore on 12 July 2025, the UK Secretary of State for Foreign, Commonwealth and Development Affairs, David Lammy, announced a landmark pledge of up to £70 million to Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, as part of the collaboration.

A FAST-P office, with a dedicated management team, will soon be set up to facilitate the deployment of up to US$500 million of concessional capital from the Singapore Government into the three FAST-P partnerships, alongside capital from other partners. The office will continue to work closely with asset managers, banks, and commercial and concessional investors, to promote innovative blended finance solutions for sustainable infrastructure in the region.

The Australian Government has approved a US$50 million investment into the Green Investments partnership (GIP) under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative. The investment will support clean energy transition and sustainable infrastructure development across Southeast Asia. FAST-P was launched by the Monetary Authority of Singapore (MAS) at the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in 2023.

At the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change, Ms Grace Fu,  Minister for Sustainability and the Environment, announced that the Singapore Government has committed up to US$500 million in concessional funding to support the Financing Asia’s Transition Partnership (FAST-P) launched by the Monetary Authority of Singapore (MAS) last year.

BlackRock, Monetary Authority of Singapore (MAS), International Finance Corporation (IFC), Mitsubishi UFJ Financial Group (MUFG), Nippon Export and Investment Insurance (NEXI), and AIA Group (AIA) have signed a Statement of Intent (SOI) to collaborate on a project to develop an Industrial Transformation infrastructure debt programme, under the FAST-P initiative launched by MAS last year at COP28.

Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced today the intent to establish a green investments partnership to address climate finance gaps and increase the bankability of green and sustainable projects in Asia, with an initial focus on Southeast Asia.

The Asian Development Bank (ADB), Global Energy Alliance for People and Planet (GEAPP) and the Monetary Authority of Singapore (MAS) announced their intent to establish a blended finance partnership to accelerate energy transition at scale in Asia.

Singapore is putting together a blended finance platform called Financing Asia’s Transition Partnership, or FAST-P for short, with a target fund size of US$5 billion. FAST-P will target three key areas of green and transition investments that are most pertinent in the Asian region.