Applying the Paris Agreement Capital Transition Assessment (PACTA) climate scenario analysis tool to a pilot group of Malaysian banks, we find that the gas and coal power generation portfolio is aligned with the Sustainable Development Scenario in South East Asia. However, 8 out of the 10 climate critical technologies assessed are not aligned with the Paris Agreement goals.
We make a series of recommendations for the implementation, improvement and actionability of PACTA for banks and supervisors in the Southeast Asia region, with supporting illustration on just transition.
About our funder: This work has received funding from UK PACT Malaysia. It reflects only the authors’ views, and UK PACT is not responsible for any use that may be made of the information it contains.
