Ravi Menon

Managing Director, Monetary Authority Of Singapore

Search every verified Ravi Menon interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Ravi Menon, Singapore’s Ambassador for Climate Action and former Managing Director of the Monetary Authority of Singapore, has been speaking about climate change as a form of "deep entanglement" in the global economy, a concept he borrowed from quantum mechanics. At the 2026 Bloomberg Sustainable Business Summit, he described climate change as "the mother of all supply chain disruptions" and argued that private capital for climate finance in Asia can be unlocked through blended finance and carbon markets. He noted that the Singapore government has committed $500 million in grants to the Financing Asia’s Transition Partnership (FAST-P) to de-risk projects and catalyze private investment. In a separate lecture at the S. T. Lee Distinguished Annual Lecture, Menon discussed the "new geo-economics" and identified finance as a potential flashpoint, citing the freezing of Russia’s central bank reserves as a "watershed moment." He also stated that the populist backlash against globalization is a verdict on "domestic policy failure" rather than globalization itself. In earlier appearances, Menon expressed skepticism about a purely green-growth approach for Asia, saying "it doesn't work in Asia" because 60-70% of the region's electricity comes from coal. He argued that the energy security agenda and climate agenda are converging, but noted that Asia accounts for more than 50% of global carbon emissions and that proportion is expected to rise. On digital currencies, Menon said Singapore does not see a "compelling need" for retail central bank digital currencies, and he identified technology risk as his primary concern, stating that "we have not paid enough attention to technology-related risks" that could have systemic consequences.