Launched by the Monetary Authority of Singapore in 2023, the Financing Asia’s Transition Partnership (FAST-P) is a Singapore-led blended finance initiative designed to mobilise up to US$5 billion to finance Asia’s green transition. FAST-P is supported by up to US$500 million in concessional capital from the Government of Singapore and additional contributions from partner organisations. The initiative aims to accelerate Asia’s fair, measurable, and finance-driven transition to low-carbon, climate-resilient economies by unlocking the flow of mainstream private capital into high-integrity transition investments and creating replicable, investable models that reduce the need for catalytic capital over time.