NEA to establish green bond framework, $3b note programme

The $3b multicurrency medium note programme will finance its flagship waste management project.

The National Environment Agency (NEA) is set to issue green bonds through its new green bond framework to finance several of its projects, including the Tuas Nexus Integrated Waste Management Facility (IWMF).

The $3b multicurrency medium-term note programme makes NEA the first statutory board to issue green bonds in support of Singapore’s green finance market.

“The establishment of NEA’s Green Bond Framework to finance Tuas Nexus IWMF and other environmentally sustainable projects marks another milestone in our stewardship journey. Tuas Nexus IWMF will be the region’s most advanced, efficient, and integrated solid waste treatment facility that treats separate waste streams with greater energy efficiency and reduces Singapore waste resource management’s overall carbon footprint,” said NEA CEO Luke Goh in a press statement.

The Tuas Nexus IWMF will be Singapore’s first integrated facility to treat burnable waste, source-segregated food waste and dewatered sludge. It will also be able to sort household recyclables collected under the National Recycling Programme.

The facility will be co-located with PUB’s Tuas Water Reclamation Plant to form Singapore’s first integrated solid waste and used water treatment facility to meet the country’s long-term needs.

“The Singapore Green Plan 2030 focuses on developing the green financing market by opening up alternative sources of capital to support the development of sustainable public infrastructure projects in Singapore. The establishment of the NEA Green Bond Framework sets a critical first step and forms a necessary benchmark in the market, responding to the need for a common and trusted standard for issuers and investors to rely on. The framework will also be an important driver in channelling the capital needed to help businesses and industries transition towards a climate-aligned economy and to reinforce Singapore’s position as an international green finance hub,” said DBS Bank Global Head of Fixed Income Clifford Lee.

DBS Bank is the sole arranger for the NEA’s MTN programme and is the green structuring advisor for NEA’s green bond framework.

Follow the link s for more news on

green finance hub

Green Plan 2030

National Environment Agency

Tuas Nexus

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia