Zalina Shamsudin, General Manager, Capital Markets Malaysia, discusses the entity’s strategic plans to boost Malaysia’s global leadership in the Islamic capital...Read More
Sustainable Finance in Malaysia
Sustainable finance refers to any form of financial process which supports economic growth and incorporates environmental, social and governance (ESG) considerations to drive sustainable development outcomes.
Sustainable finance is poised to play a bigger role as it supports Malaysia’s pledge to the Nationally Determined Contribution to reduce greenhouse gas emissions intensity of GDP by 45% before the year 2030.
The Malaysian Sustainable Finance Initiative (MSFI) is an initiative by Capital Markets Malaysia (CMM) to support the Malaysian financial sector in further embracing the tenets of sustainable financing. MSFI is led by a Steering Committee which includes members representing stakeholder groups within the financial sector involved with financing green or sustainable projects. The objective of this Initiative is to provide the necessary impetus for industry stakeholders to facilitate capacity building, upskilling, awareness and thought leadership on sustainable finance.