KUALA LUMPUR: Bank Negara Malaysia recently issued the climate change and principle-based taxonomy (CCPT) guidance document as part of its commitment to prepare the financial sector to be more climate resilience and enable an orderly transition to a greener economy.
In a statement today, the central bank said the CCPT guidance document was to address the urgency to accelerate the transition, given the increasing likelihood and intensity of climate change impacts on financial stability.
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