Hong Leong Bank Bhd (HLB) has unveiled its first Sustainable Finance Framework (SFF), setting a bold agenda to mobilize RM20 billion over the next five years in support of environmentally conscious projects. The newly launched framework aims to facilitate Malaysia’s transition to a greener economy by providing financing for initiatives in renewable energy, energy efficiency, […]

A new United Nations report warns that without significant and immediate action to reduce greenhouse gas emissions, global temperatures could rise by as much as 3.1°C (5.6°F) above pre-industrial levels by the end of the century. This projection far exceeds the 1.5°C (2.7°F) target set under the 2015 Paris Agreement, risking severe and widespread climate […]

Southeast Asia must quintuple its clean energy investments by 2035 to meet climate objectives, the International Energy Agency (IEA) warned on Tuesday. The agency’s latest report underscores the urgent need for regional energy investments to reach $190 billion annually—around five times current levels—to align with the Paris Agreement’s climate targets. The IEA’s report highlights that […]