Malaysia’s financial institutions have a new source of data to start planning their response to the risks of financed emissions
November 06, 2020 | Updated at November 06, 2020
Climate-related financial risks are the largest source of unpriced financial risks facing banks and investorsFinancial institutions have the ability to affect production linked to GHG emissions as well as demand, which provides them a unique leverage point to manage their own risksThere’s an opportunity for competitive advantage for financial institutions that analyze their risk from financed emissions, while laggards will face growing investor and regulatory pressure
Climate-related risks have become one of the most significant sources of unpriced risk facing the financial sector in Malaysia, and the RFI Foundation has released a report providing some data as a starting point for action to address it. In a top-down analysis of Malaysia’s economy and financial secto...