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Driving #financeforchange in Malaysia what the regulators say The Edge 1 day ago Adeline Paul Raj © Provided by The Edge GIVEN its importance to the economy and influence over corporates and individuals, the financial sector plays a crucial role in driving changes for a sustainable future. In Malaysia, the sector has made some encouraging progress in terms of stepping up to the challenge. Financial institutions, especially the bigger ones, have begun to formulate their long-term strategies towards sustainability. And, increasingly, more of them are encouraging customers to adopt sustainable practices through their lending, underwriting, advisory and so on. But clearly, more needs to be done and the regulators are making sure of this. Late last month, the Joint Committee on Climate Change (JC3), an initiative co-chaired by Bank Negara Malaysia and the Securities Commission Malaysia (SC), hosted its flagship conference on climate change. Themed “Finance

France generalIntermediation community of practitionersNational investment aspirationsSteering committeeCarbon mobility development planNational energySustainable development goals sdgsCommission for asiaMalaysian climate change action council myCommittee on climate changeBank negaraSupervisors network for greening the financial systemTask force on climateSecurities commission malaysiaBank negara malaysiaJoint committee