KUALA LUMPUR (March 8): Thirteen green projects in renewable energy (RE), low carbon transport, water infrastructure and waste management are showcased and a sample pipeline of 60 projects in these areas have been identified in the newly-released Green Infrastructure Investment Opportunities Malaysia (Malaysia GIIO) report.

Malaysia GIIO is prepared to meet the growing demand for green investment opportunities and to support transition to a low carbon economy. It aims to support Malaysia’s economic and climate goals by stimulating engagement around the financing of climate resilient infrastructure between project owners and developers and development finance institutions and international investors.

In a statement today, the Climate Bonds Initiative said the report identifies and analyses multiple green infrastructure projects open for potential investment and development.

The report also analyses current trends in global and domestic green sukuk issuance policy support and the development of Malaysia’s role as an emerging centre for green and sustainable finance and domestic initiatives including the Sustainable and Responsible Investment (SRI) sukuk framework, SRI roadmap, the SRI sukuk and Bond Grant Scheme, and Green Technology Financing Scheme.

“Accelerating large scale capital flows towards climate resilient infrastructure, involving governments, DFIs and global investors is vital to meeting 2030 targets and the transition to zero carbon. This landmark report identifies a pipeline of domestic investment opportunities against the backdrop of Malaysia’s efforts to expand green sukuk and sustainable investment markets in the region,” Climate Bonds Initiative CEO Sean Kidney.

The report is intended for a wide range of stakeholders, including domestic superannuation funds and asset managers and their global counterparts, potential issuers, infrastructure owners and developers, as well as relevant government ministries.

In developing this report, the Climate Bonds Initiative consulted with key government bodies, industry, the financial sector, peak bodies, NGOs and think tanks — in partnership with Capital Markets Malaysia.