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JC3 Announces Initiatives to Support Transition to Greener Economy

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  • 23 Oct 2023
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JC3 Announces Initiatives to Support Transition to Greener Economy

The Joint Committee on Climate Change (JC3) has unveiled initiatives to support Malaysia’s inclusive transition to a greener economy. The initiatives include the setting up of Greening Industrial Parks, a Green AgriTech programme, a Greening Value Chain programme with Bursa Malaysia, and an environmental, social, and corporate governance (ESG) jump-start portal. In addition, the Credit Guarantee Corporation Malaysia Bhd, in partnership with 18 participating banks, will offer a RM1 billion portfolio guarantee scheme for ESG financing to support wider access to financing for small and medium enterprises (SMEs). The initiatives were announced during the three-day JC3 Journey to Zero Conference held from 22-25 October at Sasana Kijang, Kuala Lumpur.

Source: The Star