Bursa-Mobilist in energy transition investment tie-up

KUALA LUMPUR: Bursa Malaysia has entered into a collaboration with Britain’s Mobilising Institutional Capital Through Listed Product Structures (Mobilist) programme to enable greater investment in energy transition and to advance the United Nations’s sustainable development goals in Malaysia.

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said the collaboration would amplify the stock exchange’s pursuit of driving innovation, environmental, social and governance priorities and sustainable finance, for the betterment of the capital market and economy.

“With a commitment of £156mil, equivalent to approximately RM1bil, the programme aims to catalyse investments across sustainable infrastructure, climate finance, and inclusive finance on a global scale.“Through scalable and replicable financial products, the programme is set to mobilise significant institutional capital flows into emerging and frontier markets,” he said at the memorandum of understanding signing ceremony yesterday. — Bernama