DBS Bank's Lim Wee Seng, Group Head of Energy, Renewables and Infrastructure, Institutional Banking Group, discusses the bank's unwavering vision for a net zero Asia. He talks about the critical role of sustainable financing, and the urgency to accelerate the region's energy transition as well as mitigate risks for project bankability.
- Sustainable finance has gained significant traction globally. What is the vision of DBS Bank with regard to green financing and sustainable banking?
- What are the challenges and opportunities facing energy project financing, and what measures is DBS Bank taking to mitigate risks and enhance project bankability?
- How can DBS leverage its position as a leading global financial institution to support and accelerate the “Energy Transition towards a Net Zero World” in Asia?
About Lim Wee Seng, Group Head of Energy Renewables and Infrastructure, Institutional Banking Group:
Wee Seng is the Group Head of Energy, Renewables and Infrastructure, Institutional Banking Group at DBS Bank. He is also a Director on the board of DBS China Ltd and the Country Head of DBS Vietnam from 2016 to 2021.
Wee Seng played an integral role in the establishment of DBS’ project finance business in 2010. Within a decade, he nurtured and built an award-winning team that is recognised as one of Asia’s leading project finance banks today, helping DBS clinch multiple accolades at The Asset Triple A Sustainable Infrastructure Awards in the past five years. He has also been deeply involved in project financing across Asia, and his sector experience includes power (both merchant and IPP/Captive models), renewables, PPPs and oil and gas (including LNG).