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Thursday, 13 August 2026
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Malaysia to Adopt ASEAN Sustainability Taxonomy as Climate-Finance Framework

By Bernard Lee4 min read

Kuala Lumpur, 13 August 2026 – Malaysia will adopt the ASEAN Taxonomy for Sustainable Finance as the foundation of its national taxonomy, advancing regional consistency in how financial institutions, businesses and investors classify sustainable and transitional economic activities.

The decision emerged from the 17th meeting of the Joint Committee on Climate Change, or JC3, held on 6 August. Co-chaired by Bank Negara Malaysia and the Securities Commission Malaysia, the committee identified energy transition, flood resilience and more effective measurement of climate outcomes as immediate priorities for the financial sector.

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Author

  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.