• The one-day conference, which is organised in collaboration with the ASEAN Catalytic Green Finance Facility and the ASEAN+3 Asian Bond Markets Initiative (ABMI), will be held at the Asia School of Business, Kuala Lumpur.

KUALA LUMPUR (Sept 7): Cagamas Bhd is set to host the “Developing and Financing Green Housing in Asia” conference (DFGH 2022) on Sept 21, 2022 in Kuala Lumpur.

In a statement on Tuesday (Sept 6), Cagamas said DFGH 2022 will focus on sustainable green housing development and financing, particularly in Asia.

It said the one-day conference, which is organised in collaboration with the ASEAN Catalytic Green Finance Facility and the ASEAN+3 Asian Bond Markets Initiative (ABMI), will be held at the Asia School of Business, Kuala Lumpur.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz will deliver the special keynote speech while Bank Negara Malaysia Deputy Governor Datuk Jessica Chew will deliver the opening keynote address.

Cagamas president/chief executive officer Datuk Chung Chee Leong said the global financial industry has made good progress in harnessing green finance.

“This is evidenced by the issuance of green and sustainable bonds reaching US$800 billion last year which is a ten-fold increase from 2015.

“Cagamas is committed to promote green and affordable housing in support of Malaysia’s aspiration of becoming a net zero carbon nation by 2050,” he said.

Chung said that to date, Cagamas has cumulatively issued about RM1.69 billion worth of sustainability bonds and SRI sukuk, and it will accelerate its offerings to mobilise more capital into the green infrastructure sector.

The national mortgage corporation said the sustainability bonds and SRI sukuk issued include RM700 million ASEAN Sustainability Bond, RM400 million ASEAN Sustainability SRI Sukuk, RM155 million ASEAN Social Bond and RM435 million ASEAN Social SRI Sukuk.

It said proceeds of such issuances in 2021 were allocated to fund affordable housing (80.91% or RM699.95 million), employment generation (18.47% or RM159.76 million), renewable energy (0.44% or RM3.77 million) as well as sustainable water and waste management (0.17% or RM1.47 million) in accordance with Cagamas’ Sustainability Bond and Sukuk Framework.

The conference brings together key figures from the public and private sectors, global finance and investment, as well as green certification experts to provide insights and solutions to accelerate the region’s transition towards net zero carbon and climate resilient economies.

SHARE
RELATED POSTS
  1. Signature International gets takeover offer from Chin Hin at 84 sen per share
  2. Govt offers Gamuda’s 60%-owned SRS Consortium works on first segment of Penang LRT
  3. Bon Estates buyers, community take part in EV convoy to Johor