On 12 July 2025, Singapore and the United Kingdom (“UK“) announced a collaboration to drive clean energy transition and advance the development of sustainable infrastructure across Southeast Asia.
Singapore and the UK are collaborating on efforts such as supporting early-stage project development through joint technical assistance, and encouraging private sector involvement by focusing on practical solutions to help countries transition to cleaner energy.
In a move that will help mobilise critical capital and close infrastructure financing gaps, the UK has pledged up to £70 million to Singapore’s Financing Asia’s Transition Partnership (“FAST-P“) initiative to be delivered through British International Investment (BII). Under the FAST-P initiative, the Singapore government pledges up to US$500 million as concessional capital, to match dollar-for-dollar concessional capital from other partners.
The funding will deploy investment capital and provide blended finance to support low-carbon energy projects (including renewable energy projects, waste-to-energy projects and carbon capture projects) and innovative business models that bolster energy security and climate resilience.
Singapore’s small and mid-sized enterprises that are keen on legal assistance in environmental or climate related initiatives, such as sustainable infrastructure and energy projects, can tap on our environmental, social, and governance (ESG) legal fee subsidy under the Sustainability Legal Catalyst Programme with Enterprise Singapore (link to website). Terms and conditions apply. You can reach out to us at [email protected].
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