As climate risks become financial risks, investing in resilience is essential to protecting economic growth, attracting capital and securing Malaysia’s long-term prosperity.
Even as political denial and regulatory paralysis grip parts of the West, a different message has been resounding across Asia – it is not retreating, but rising to the occasion.
Clean energy investments in developing countries are slowed by an outdated banking rulebook from the 2008 financial crisis. At New York Climate Week, leaders should rethink the Basel Framework and its impacts on finance flows.