Singapore lays out plan to close $700 billion nature-finance gap as Asia's TNFD pioneers show disclosures can move capital

Published on May 20, 2026

The world is spending only about US$200 billion a year on nature-based solutions, against an estimated US$700 billion annual shortfall — a gap that Singapore is trying to close with a new framework built around integrity, demand and supply for a regional, nature-based carbon market, the country's Ambassador for Climate Action Ravi Menon said on Monday.

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