Transition finance key to Malaysia's low-carbon future

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KUALA LUMPUR: Transition finance is essential in driving Malaysia's shift towards a low-carbon economy, said Bursa Malaysia chairman Tan Sri Abdul Wahid Omar.

"Disasters such as floods and extreme weather continue to disrupt economies and communities, with Southeast Asia experiencing more than 75 million internal displacements due to extreme weather events over the past decade,” he said.

The National Climate Governance Summit is organised annually by Climate Governance Malaysia to address climate change challenges through governance, financial responsibility, and policy intervention.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Abdul Wahid Omar Bursa Malaysia National Climate Governance Summit /Business/Business News Corporate News Transition finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 13:51:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © The Star

News ID: 27710984

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Official Website: thestar.com.my

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