Malayan Banking Bhd (Maybank) launched its Transition Finance Framework, the first by a Malaysian bank, at the 28th Conference of Parties (COP28) in Dubai. The framework outlines Maybank’s approach to classifying and recognising solutions deemed as credible transition finance.It also guides the development of credible transition finance solutions within the group based on internationally accepted guidelines and principles, and complements the group’s Sustainable Product Framework that was launched in August 2022.

Source: Malay Mail