Mr. Colin Chen has built MUFG’s sustainable finance business in the region as the Head of ESG Finance, APAC. He is also a part of the Monetary Authority of Singapore (MAS) Green Finance Industry Taskforce (GFIT). He actively engages with clients across sectors in Asia advising them on their sustainability strategy and is a regular speaker at industry forums as a strong ESG advocate.
Mr. Chen joined MUFG in 2000 and has been involved in structured finance for over 30 years. Prior to his current role, he was MUFG’s Head of Structured Finance, Asian Investment Banking Division. Under his leadership, MUFG has consistently been ranked one of the top project finance lenders in APAC and renowned for the inroads it has made into renewables financing.
Prior to MUFG, Mr. Chen held senior positions at Morgan Grenfell, Canadian Imperial Bank of Commerce and DBS Bank with assignments in London, New York and Singapore.
Roundtable 1
Invite-Only
Financial institutions, supervisors, and academia around the world recognize that extreme climate events, as well as a disorderly transition to a low-carbon economy, could have destabilizing effects on the financial system. Climate-related financial risks, stemming from physical and transition risks, pose new challenges to financial authorities and institutions because they are subject to substantial uncertainty, long time horizons and tail-risk. The possible simultaneous occurrence of climate-risks across multiple jurisdictions and sectors also has implications for financial soundness.
To better understand how these climate-related physical and transition risks affect financial soundness, the BIS Innovation Hub Singapore Centre is hosting a roundtable at the Singapore FinTech Festival. The roundtable brings together central bankers, industry experts, and thought leaders from academia and the private sector to advance the discourse on how to bolster the financial sector’s resilience to environmental risks.
The roundtable discussion is split into two parts. In the first, participants will provide insights on both private and public sector programs/projects and use cases to bolster the resilience of financial institutions to environmental risks. In the second, participants will look ahead and share their views on how we can further develop our efforts to prepare financial institutions for the climate-related challenges to come.
Hall 5, Singapore EXPO
Open
Project Greenprint was conceived by MAS as a public-private initiative to co-develop digital utilities that power the sustainability data needs of countries, financial institutions and the real economy. Over the past two years, collaborators undertook multiple experiments to validate a range of core concepts and use cases.
These learnings are powering the project’s next phase – the launch of an open and integrated Greenprint digital platform, that supports universal reporting needs and facilitates consent-based access to data, to power net zero initiatives and support the innovation of further solutions. These capabilities will drive national-level reporting in Singapore and other like-minded countries.
Hear from key collaborators as they opine on the potential opportunities and new horizons Greenprint will unlock.
The Festival
Global Platforms
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