KUALA LUMPUR, Nov 1 — The financial sector must continue to play an important role in facilitating the funding and investment required towards reducing the intensity of...
KUALA LUMPUR, Nov 1 — The financial sector must continue to play an important role in facilitating the funding and investment required towards reducing the intensity of greenhouse gas emissions of the gross domestic product by 45 per cent by 2030.
In 2021, he said the government issued the global sukuk, amounting to US$1.3 billion and received very encouraging response from investors.Of that amount, US$800 million was the first US dollar-denominated sovereign sustainability sukuk in the world. Meanwhile, he said via the Malaysian capital market, various initiatives have been implemented to take advantage of the synergy between the Islamic capital market and sustainable and responsible investment initiative.
Furthermore, he said that to encourage local companies and entrepreneurs to participate in projects based on green technology, the Green Technology Financing Scheme was introduced by the government in 2010.
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