Bank Negara Malaysia launches Greening Value Chain programme

  • Aims to help Malaysian SMEs implement green operations
  • Employs blended approach of technical training, on-site diagnosis

Bank Negara Malaysia launches Greening Value Chain programmeIn conjunction with the Finance Day at COP-271, Bank Negara Malaysia (BNM), in collaboration with financial institutions and strategic partners, has launched the Greening Value Chain (GVC) programme.

In a statement, the Malaysian central bank said the GVC programme aims to assist Malaysian small and medium enterpries (SMEs) in implementing impactful, long-term change to green their operations. 

It said this can be achieved through offering of technical advice by participating organisations and transition financing from the Low Carbon Transition Fund. 

The bank added that the GVC programme employs a blended approach of facilitation, comprising technical training and on-site diagnosis.

BNM governor Nor Shamsiah binti Mohd Yunus said, “Many Malaysian SMEs form part of global supply chains that need to adapt to the changing policies of our trade partners to remain resilient and globally competitive.

“This includes addressing value chain emissions to keep pace with the global race towards Net Zero and to prepare for policies that may be imposed by our trading partners,” said Nor Shamsiah.

She added that the GVC programme is one step in helping SMEs make this important transition.

For further enquiries about GVC, click here 


Related Stories :

Keyword(s) :
Author Name :
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021