The Singapore Green Finance Centre’s 2024 white paper examines the intersection of FinTech growth and data centre (DC) sustainability in Singapore. While Singapore is a leading DC hub due to strong infrastructure, political stability, and connectivity, it faces land scarcity and soaring energy demands. Current sustainability standards emphasize energy efficiency but neglect broader metrics like water use, embedded carbon, and hardware lifecycle. The paper urges policy support via expanded Green Mark and taxonomy standards, operator commitments to Scope 3 emissions and brownfield retrofits, and investor advocacy for credible transition plans. Collaboration across regulators, DC operators, and financiers is key to achieving net zero by 2050.

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