Transition Finance

Supports companies in the energy intensive, fossil fuels-based, and hard-to-abate sectors through the transition journey.

About

Transition finance supports companies in energy intensive, fossil fuels-based or brown, and "hard-to-abate" sectors such as Oil, Gas & Chemicals, Metals & Mining, Transportation & Logistics, and Fossil Fuel Power Generation. UOB's Transition Finance solutions and framework support the below initiatives to drive a just transition to a lower-carbon economy.

Operational Efficiency

Reduce greenhouse gas (GHG) emissions and energy usage by adopting the following technologies:

Waste heat recovery

Cogeneration system

Flare gas recovery system

Vapour recovery system

Carbon Capture Utilisation & Storage (CCUS)

CCUS involves the capture of carbon dioxide, generally from large point sources like power generation or industrial facilities that use fossil fuels as fuel. The captured carbon dioxide is compressed and transported by pipeline, ship, rail or truck to be used in a range of applications, or injected into deep geological formations such as depleted oil and gas reservoirs or saline aquifers.

¹Steel-making and welding, cement, food and beverage, industrials (e.g. refrigerant and insert gas), healthcare

Business Pivot

Solutions for energy-intensive, 'brown' and 'hard-to-abate' sectors to pivot into the provision of lower carbon alternatives.

Low carbon alternatives	Land	Marine	Air
Hydrogen / Ammonia	Green / Transition Finance	Green / Transition Finance	Green / Transition Finance
Biofuel	Sustainable Trade Finance (STF): Certified biofuel	STF: Certified biofuel	STF: Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) eligible sustainable aviation fuel
LNG / LPG	NA	Transition finance	NA
Conventional Methanol	NA	Transition finance	NA