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OCBC Bank prepares to facilitate development of viable green H2 ecosystem

OCBC Bank (Malaysia) Berhad is committed to advancing green H2 initiatives despite challenges like high production costs and infrastructure complexities. Tan Ai Chin, OCBC Malaysia's head of investment banking, emphasizes the importance of holistic project financing solutions and collaborative efforts among stakeholders to overcome hurdles. She highlights the need for financial institutions to align with environmental, social, and governance (ESG) criteria while supporting green H2 projects.

Government support, facilitative policies, and robust demand ecosystems are crucial for the sector's growth. OCBC Bank aims to leverage its network to finance green H2 projects and is actively engaged in initiatives like the Asia Pacific Green H2 Conference and Exhibition 2024 to promote sustainable energy ecosystems.

For the original story, visit: https://www.theborneopost.com/2024/06/09/ocbc-bank-prepares-to-facilitate-development-of-viable-green-hydrogen-ecosystem/