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MAS: Funds under FAST-P raise over $1 billion in total
According to a speech by Abigail Ng, Chief Sustainability Officer at the Monetary Authority of Singapore (MAS), on November 11, the Financing Asia's Transition Partnership (FAST-P) has raised over $1 billion in total across three funds. These include the Energy Transition Accelerator Financing (ETAF) platform, the Emerging Asia Infrastructure Credit Fund under the Industrial Transition Programme (ITP), and the Green Investments Partnership (GIP). The capital is intended to support Asia's energy transition and industrial decarbonization; funds raised do not equate to the total amount already deployed into projects.
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