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These comprehensive Sectoral Guides offer a detailed impact-based risk management toolkit designed to help financial institutions implement VBIAF at a more detailed and transactional level within these sectors.

Photo: IUCN SSC Firefly Specialist Group

Photo for illustration purpose only. - FILE PIX

Photo for illustration purposes only. - 123RF

Picture for illustrative purposes - FILE PIC

Climate Governance Malaysia (CGM) council member Dr Gary William Theseira said with the central bank and the government coming up with regulatory frameworks, banks have started to also disassociate themselves from high carbon activities and are unlikely to provide financial support to businesses that pollute the environment. - Climate Governance Malaysia (CGM)

Environmental activists hold placards in front of toilets with plastic waste and bottles during a campaign against climate change to mark "Earth Day" in Surabaya on April 17. - Earth Day is an annual event on April 22 to demonstrate support for the environmental protection. Environmental groups lodged a lawsuit against the European Commission on Tuesday to challenge its definition of natural gas as a "green" energy source. - Pic: AFP

Securities Commission (SC) chairman Datuk Seri Dr Awang Adek Hussin said, in fact, the total funds raised of RM179.4 billion is the highest ever, led by a record amount of corporate bond and sukuk issuances, while exchange-traded derivatives also registered a record volume of 18.8 million lots traded.

Dagmar Steinert (R), chief financial officer of German defence company and automotive supplier Rheinmetall, listens to CEO Armin Papperger during the annual results press conference at the company's headquarters in Duesseldorf, western Germany, on March 16. = AFP

BNM will continue to enhance its regulatory decisions in the quest to tackle the risk of climate change to the economy. Photo: BERNAMA