Maybank Pioneers Transition Finance Framework at COP28 to Spearhead Net-Zero Economy in ASEAN

Maybank, Malaysia’s leading financial institution, has taken a groundbreaking step at the 28th Conference of Parties (COP28) in Dubai by launching the first-of-its-kind Transition Finance Framework in the ASEAN region. The framework solidifies Maybank’s commitment to assuming a leadership role in the systematic transition towards a net-zero economy, emphasizing the bank’s dedication to sustainability and climate action. The launch ceremony, witnessed by Nik Nazmi Nik Ahmad, the Natural Resources, Environment, and Climate Change (NRECC) Minister of Malaysia, and Datuk Shaik Abdul Rasheed Ghaffour, Governor of Bank Negara Malaysia, marked a historic moment in the integration of climate finance into the