Malaysia's 'green' test: Billions pledged, too few bankable
KUALA LUMPUR: Southeast Asian countries, including Malaysia, have announced hundreds of billions of dollars in green investments.
Southeast Asian countries, including Malaysia, have pledged hundreds of billions of dollars to green investments. However, converting these commitments into tangible projects on the ground remains a significant challenge. The root cause of this gap, according to Maybank group chief sustainability officer Datuk Shahril Azuar Jimin, is the scarcity of bankable projects that can deliver measurable emissions reductions.
Despite the availability of capital, many projects lack the foundation needed to attract investor interest and obtain financing.
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