Financial institutions urged to be creative


Bank Negara governor Datuk Nor Shamsiah Mohd Yunus, (file pic) speaking at the Joint Committee on Climate Change (JC3) flagship virtual conference yesterday, said it would not be sufficient for FIs to use traditional instruments to meet the funding needs.

PETALING JAYA: Financial institutions (FIs) need to think creatively to develop new and innovative solutions to fund sustainability projects; taking into account the current challenges faced by businesses and individuals, said Bank Negara governor Datuk Nor Shamsiah Mohd Yunus.

Speaking at the Joint Committee on Climate Change (JC3) flagship virtual conference yesterday, she said it would not be sufficient for FIs to use traditional instruments to meet the funding needs.

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