JC3 to establish Climate Finance Innovation Lab


PETALING JAYA: The Joint Committee on Climate Change (JC3) will be establishing a Climate Finance Innovation Lab to accelerate decarbonisation efforts via innovative financial solutions.

Bank Negara and the Securities Commission Malaysia (SC), in a joint statement, said the lab is envisaged to be spearheaded by Bank Pembangunan Malaysia Bhd and will focus on bringing together industry players to ideate financial solutions for climate transition, adaptation and nature-related projects.

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