Capital Markets Malaysia and Climate Bonds Initiative Launch Transition Strategy Toolkit to Accelerate Green Finance in ASEAN

Good news for sustainability! Capital Markets Malaysia (CMM) and the Climate Bond Initiative (Climate Bond) have teamed up to release a game-changing tool – the Transition Strategy Toolkit – this bad boy is ready to turbocharge the transition finance landscape, aiming to drive effort types have accelerated and increased about companies looking to green their operations.

So, what is this toolkit all about? Well, this is like a Swiss military knife for companies in ASEAN (that’s the Association of Southeast Asian Nations, for those who don’t know) eager to participate in transition finance. Essentially, it’s a roadmap that guides them through a robust, science-backed plan to steer their businesses toward a zero-carbon future. And think about it, what? These policies are not just anyone’s policy – ​​they are in line with the targets set out in the Paris Agreement or their national climate targets. Talk about staying on the right path!

Datin Ajalina Adham, big cheese at Securities Commission Malaysia and CMM board member, reckons this mechanism is a real game-changer. He ensures that everything is aligned with the roadmap for achieving each ASEAN country’s unique decarbonization goals, and is aligned with the ambitious transition path of climate relations. It’s all about creating that sweet spot where sustainable finance meets practical action.

And let’s not forget Sean Kidney, CEO and founder of Climate Bond. He is pumped to partner with CMM to make this tool happen. According to him, change planning is the real MVP. But hey, they can be rock solid, with clear goals, smart strategies, and plenty of money to back them up. And that’s where these tools come in – make sure ASEAN businesses have all the tools they need to attract that green capital

So, how does this tool work? All are online and interactive, with a Q&A system that guides industry through risk assessment and outlines key steps to develop a killer transformation plan. Think of it as a way to be sustainable, complete with checkpoints to keep you going.

And when wondering what separates a top conversion program from the rest, look no further than the 5 Hallmarks outlined in the toolkit. These cover everything from Paris-aligned goal setting to clarity – basically all the ingredients for a recipe for success in the transition finance game.

In order to commence this exciting new chapter, CMM arranged a webinar on transition finance in ASEAN, which brought together professionals from various regions to exchange their perspectives. Simply put, the future of finance is quite greener!

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Pic via X/Climate Bonds @ClimateBonds