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COP28: Malaysia needs $280bln in investments to reach 2050 climate goals

COP28: Malaysia needs $280bln in investments to reach 2050 climate goals
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Half of Malaysia s bank likely to align with climate-supporting activities

BERNAMA – Malaysia is expecting to see at least half of new financing by the banks aligned with climate-supporting or transitioning activities by 2026, said Bank Negara Malaysia’s (BNM) Governor Datuk Abdul Rasheed Ghaffour. He said there is currently growing focus and concrete climate actions taken by financial institutions in Malaysia and to date, the […]

Islamic finance advancement a springboard to green finance

KUALA LUMPUR: Malaysia’s advancements in Islamic finance have provided an important springboard to grow and expand transition and green finance, says Datuk Abdul Rasheed Ghaffour.

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