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KUALA LUMPUR: ChemOne Group has announced that the Pengerang Energy Complex (PEC) project is on track to receive export guarantee facilities of around US$2.4 billion (US$1=RM4.40) by the end of the year.
Oil and gas experts are worried over the impacts of Environmental, Social, and Governance (ESG) issues on financing for oil and gas projects, insisting that unless borrowers like Nigeria and other African oil producers quickly adapt, securing necessary funding for the sector may remain very difficult.
Banks are continuing to incorporate environmental, social and governance (ESG) factors into their business operations in a push for a sustainable transformation of the economy.
Despite challenges, there are many possibilities for the government to promote green businesses and increase the number of green industries through concessional financing and setting up special trust funds and bonds
Updated course is designed for anyone who needs to interface with the mining industry and stay on top of the latest industry developments and regulatory changes.