null Growing Champions: Scaling up and enabling climate finance in Malaysia
Growing Champions: Scaling up and enabling climate finance in Malaysia
3 May 2021 | Monday Source: The Edge Markets
Asia is by far the region of greatest investment need, and Malaysia could play a key role in driving forward this transition through its financial structures and initiatives.
In 2019, Bank Negara Malaysia issued a pioneering paper entitled “Climate Change and Principle-based Taxonomy”, setting out a pathway towards green-focused investments. Malaysia has demonstrated further leadership among peers, driving creation of a 2020 report entitled “The Roles of Asean Central Banks in Managing Climate and Environment-related Risks”, outlining the implications of a low-carbon economic transition.
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