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AAP
Business
Marion Rae

Carbon, clean energy needs underpin Aust-Singapore ties

Singapore ANZ Australia Pollination Renewable Energy
ANZ director of sustainable finance Mara Chiorean addresses the Carbon Market Institute forum. (PR HANDOUT IMAGE PHOTO) (AAP)

Australian sustainable finance and carbon market experts have warned of a massive gap in investment needed to scale up financing.

"There is a $US3-5 trillion annual gap - out of a $US9 trillion annual need - in investment currently," Mara Chiorean, ANZ's director of sustainable finance, told an international forum.

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