Sustainability
IFC invests $100M in sustainability-linked bond issued by Central Pattana in Thailand
As part of efforts to accelerate the green transition in Thailand, International Finance Corporation (IFC) is investing 3.48 billion Thai baht ($100 million) in a sustainability-linked bond (SLB) issued by Central Pattana Public Company Limited (CPN), one of the leading retail-property developers in the country.
Malaysian firms to adopt National Sustainability Reporting Framework to enhance sustainability disclosures
Malaysian companies will need to adopt the National Sustainability Reporting Framework (NSRF), developed by the Advisory Committee on Sustainability Reporting (ACSR), which is set to enhance the state of sustainability disclosures in Malaysia, the Securities Commission Malaysia (SC) said Tuesday.
Malaysia’s TNB establishes Transition Finance Framework to fund sustainable projects
Malaysia's utility firm Tenaga Nasional Berhad (TNB) has established its inaugural Transition Finance Framework to fund sustainable projects.
AirAsia partners Airbus to accelerate aviation sustainability
Malaysia-based Capital A's low-cost airline AirAsia has announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives that lower carbon emissions in the ASEAN region.
Climate finance by multilateral development banks hits record in 2023
Multilateral development banks (MDBs) announced on last Friday that their global climate finance reached a record high of $125 billion in 2023.
IFC and the Carbon Trust join forces to cut emissions in emerging markets
In a move to help more companies decarbonize operations and reduce emissions along their supply chains, the International Finance Corporation (IFC), a member of the World Bank Group, and the Carbon Trust have agreed on a plan to work together to promote decarbonization strategies for companies in emerging markets and accelerate investments in green…
Bursa Carbon Exchange now offers continuous trading for Renewable Energy Certificates
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad (Bursa Malaysia), has announced the successful go-live of its renewable energy certificates (RECs) continuous trading on September 9, 2024.
Malaysia’s Samaiden partners MCS to expand renewable energy business in Indonesia
Samaiden Group Berhad, a Malaysia-based renewable energy (RE) firm, has partnered PT MCS Bina Energi (MCS) to expand renewable energy (RE) business in Indonesia.
SUSI Partners acquires 39 MW wind farm in Vietnam
SUSI Partners, on behalf of the SUSI Asia Energy Transition Fund (SAETF), has signed an agreement to acquire the 39 MW Dam Nai wind farm located in the Vietnam province of Ninh Thuận from Norwegian-based renewable energy company Scatec ASA.
IFC issues $243M green bond to promote blue finance in emerging markets
The International Finance Corporation (IFC) has issued a green bond designed to promote ocean-friendly projects and improve access to clean water and sanitation in emerging markets.
