Singapore-based Vanda Global Capital launches The Green Finance Indexing Programme to forge alliances between investors and green technology companies.
Through its new green financing platform — targeting US$3 billion in project value over ten years — Vanda Global Capital (Vanda) seeks to increase the level of financial flows (from banking, micro-credit, insurance and investment) from the public and private sectors to sustainable development priorities.
A key part of this is to better manage environmental and social risks, and take up opportunities that bring both a good rate of return and environmental benefit and deliver greater accountability, the firm announced on Thursday in a media release.
Green Taxonomy Matrix
Vanda’s Green Finance Indexing Programme identifies purist and transitional projects in Singapore and around the world that fit its proprietary green taxonomy matrix. Depending on their specific requirements and needs, the program also stratifies and accelerates venture work projects to maturity via an investors’ architecture of financial instruments.
This latest initiative fortifies Vanda’s legacy of innovation and thought leadership in the financial market to develop a world-class ecosystem of businesses focused on the future of mobility, connectivity and sustainability. «We know great things never come from comfort zones. What continues to drive us forward is our belief in empowering people today to build a better future for the next generation,» Low Wei Ling, CEO of Vanda Global Capital, said.
Working in Stages
The company’s green financing platform will synthesize work in stages and in multiple quantum divisions and closures. This helps to prevent over-valuation or hyper-valuation in an inflationary and rising-interest-rates environment so that the companies and projects thrive and remain in business sustainably.
Vanda and its partners will also support companies in harnessing digitalization on the Internet of Things (IoT) and blockchain to achieve data integrity and quality. «The sequentialization will be inclusive, from growth startups to larger companies. This is because when companies are at a growth stage, after having survived the initial startup years, with proper guidance, they will be nimbler and more flexible in embracing the principles of environmental social governance (ESG) and green finance», Low added.
Promising Future
Adopting a risk-based approach to achieve successful outcomes, Vanda will also work with rating agencies to promulgate suitable projects ripe for significant capital raising. «As investments rise and government backing strengthens, the future of green financing is undoubtedly promising,» Low said.
Vanda is a financial and strategic advisory firm and a Monetary Authority of Singapore (MAS) licensed capital markets services venture capital fund manager with a focus on grooming high-potential startups and mature/growth companies locally and globally through its financial platform.
Influential Visionary
Low Wei Ling is one of Singapore's most influential and well-connected visionaries in the banking and finance industry. She has more than 25 years of leadership experience in Tier 1 financial institutions, including Goldman Sachs, Citi and Standard Chartered Bank.
