2025, Vol. 8, Issue 1

author(s)
Barzan Munshed Saleh

abstract
This study examines the role of sustainable finance in supporting sustainable development through a case study of Malaysia and Singapore. Data on sustainable finance and sustainable development in both countries were collected, with a focus on the evolution of investments in green projects, green sukuk and bonds, and sustainable transportation over the period 2010–2022. The study adopted a quantitative analytical approach and a comparative method to analyze the data using EViews software. The findings indicate that sustainable finance played a pivotal role in promoting sustainable development in both countries, with Singapore outperforming Malaysia in the growth of green investments and projects. Therefore, financial policies should be improved, international standards for green activities should be harmonized, and financial incentives should be enhanced to encourage investments in green projects. Additionally, awareness of the benefits of sustainable finance should be increased, particularly among small and medium-sized enterprises.