The world is bankrolling the climate crisis

It’s time to pay attention to a less visible but crucial player in the fossil fuel game: banks and financial institutions. — 123rf.com

IN October 2023 I was invited to join the Joint Committee on Climate Change’s (JC3) Conference “Journey to Zero”. The fact that our major financial institutions created this committee to pursue collaborative efforts in building climate change resilience within the Malaysian financial sector is promising, as is their focus across four areas: risk management, governance and disclosure, product and innovation, and engagement and awareness.

I took the opportunity when speaking at this event to call out banks and financial institutions.