109-42 Climate Change and Principle-based Taxonomy 2021

Summary

This document provides a climate change overview, introduces a taxonomy for financial institutions (FIs) to classify eco-friendly activities, and facilitates standard reporting to support risk assessment and promote an orderly transition to a low-carbon economy, encouraging green finance development.

Thumbnail image for This document provides a climate change overview, introduces a taxonomy for financial institutions (FIs) to classify eco-friendly activities, and facilitates standard reporting to support risk assessment and promote an orderly transition to a low-carbon economy, encouraging green finance development.

Issuer

Malaysia

Year

2021

Region

Asia

Issuer (type)

Central Bank of Malaysia (Central Bank)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Main industries targeted

Agriculture, Forestry, Fishing & Hunting
Manufacturing
Mining, Quarrying, Oil & Gas Extraction
Finance & Insurance

Restrictiveness

Very High

Sustainable Development Goals (SDGs)

SDG 1: No Poverty
SDG 2: Zero Hunger
SDG 3: Good Health and Well-being
SDG 4: Quality Education
SDG 6: Clean Water and Sanitation
SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 10: Reduced Inequality
SDG 11: Sustainable Cities and Communities
SDG 12: Responsible Consumption and Production
SDG 13: Climate Action
SDG 14: Life Below Water
SDG 15: Life on Land
SDG 17: Partnerships for the Goals