Australia and Singapore have strengthened their partnership to accelerate Southeast Asia’s clean energy transition. The Australian Government has committed US$50 million to Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, aimed at advancing sustainable infrastructure and decarbonization projects across the region.
This investment, administered by EFA, represents the first deployment under Australia’s A$2 billion Southeast Asia Investment Financing Facility (SEAIFF). It reinforces Australia’s dedication to fostering regional partnerships and creating commercial opportunities for Australian exporters and financial institutions.