World Bank

IFC to finance AirTrunk Malaysia’s 420MW data center expansion with $175M package

The International Finance Corporation (IFC), under the World Bank, will finance up to $175 million for AirTrunk Malaysia Sdn. Bhd., supporting the development of two hyperscale data centers totaling 420 MW in Johor Bahru, Malaysia.

Malaysia’s Central Bank, World Bank, UNDP assess nature risks in Malaysian financial sector

Bank Negara Malaysia (BNM), the World Bank Group and the United Nations Development Program Biodiversity Finance Initiative (UNDP BIOFIN) have on Thursday released a report entitled ‘A LEAP for Nature: Advancing Nature-related Financial Risk and Opportunity Assessment in Malaysia.'

Singapore partners World Bank to launch Singapore Carbon Markets Program

The Singapore government is collaborating with the World Bank Group on a new Singapore Carbon Markets Program.

Malaysian Central Bank, World Bank announce initiatives to enable financial sector to support nature-positive outcomes

Bank Negara Malaysia (BNM) and the World Bank have announced two key initiatives to enable the financial sector to support nature-positive outcomes. The two initiatives are financial risks assessment guide for Malaysian financial institutions and businesses to assess nature-related risks and impacts; as well as private capital mobilization for nature-based…