##p flexibility to support the issuance of ringgit - denominated sukuk for use in malaysia, including providing ringgit financing to resident entities to further stimulate development projects in the country. meanwhile, the demand outlook for esg - focused investments remains strong. as of early 2024, global assets under management in sustainable investments have surpassed usd30 trillion and are projected to reach usd40 trillion by 20304, reflecting a significant increase and a growing interest in esg - focused investments. with sustainable investment assets growing at a compound annual growth rate ( cagr ) of approximately 15 - 20 % over the past decade, the asia - pacific region, while still developing compared to the u. s. and europe, is experiencing rapid growth. in 2023, esg sukuk made up 6. 2 % of the total sukuk issued, amounting to usd214. 9 billion – a 9 % increase year - on - year – demonstrating a strong upward trend in sustainable investments within the region. going forward, how can we scale up this ecosystem further. first, given the financing needs there is a need to ensure a continuous facilitation and supply of green sukuk issuances. to date, while we have the numbers, malaysia's share of green sukuk in terms of the size remains small, constituted only 7. 5 % of the global green sukuk issuances ( july 2024 : usd25 billion ) 5. furthermore, issuances were concentrated on renewable energy ( re ) and green real estate which made - up over 80 % of total green sukuk issuances up to 2023. as such, we need to expand and promote the use of green 2 / 4 bis - central bankers'speeches sukuk to finance a wider range of sectors within the green projects universe, such as waste management, resilient infrastructure, energy - efficient building construction, reforestation, protection against extreme events, sustainable agriculture, and biodiversity conservation. one potential catalyst that can be explored is the establishment of a green asset repository, which could also help accelerate the development and issuance of green sukuk, facilitating further progress in this area. second, to support this growth, government and regulatory backing through incentives and favourable regulatory treatment are essential. the 2025 budget is in the midst of development. this is the opportunity for the industry to formulate and present specific requests and proposals related to green initiatives to the government. additionally

kazuo ueda : introduction of a new series of bank of japan notes remarks by mr kazuo ueda, governor of the bank of japan, at the introduction of a new series of bank of japan notes, tokyo, 3 july 2024. * * * the bank of japan will start issuing a new series of bank of japan notes from 8 : 00 a. m. today, july 3, 2024. the three denominations ( 10, 000 yen, 5, 000 yen, and 1, 000 yen notes ) carry portraits of shibusawa eiichi, tsuda umeko, and kitasato shibasaburo, respectively. on the back of the notes, the 10, 000 yen note features the tokyo station marunouchi building ; the 5, 000 yen note features japanese wisteria flowers, or fuji in japanese ; and the 1, 000 yen note features " kanagawa - oki nami ura " ( under the great wave off kanagawa ) from the series fugaku sanjurokkei ( thirty - six views of mount fuji ), a japanese ukiyo - e woodblock print by katsushika hokusai. these notes come with the latest security features, including 3 - d holograms. efforts have also been made to enhance the universal design of the notes, a design that caters for all kinds of people and groups. for example, the arabic numerals indicating face value on the front and back of the notes have been enlarged. let me express my deepest gratitude to the many people who have worked to prepare for this day since the announcement to introduce a new series of bank of japan notes was made in april 2019. today, the bank is planning to send off the new series of bank of japan notes with a total value of 1. 6 trillion yen to the public. despite the trend toward cashless payment, cash is a secure means of payment that can be used by anyone, anywhere, and at any time, and it will continue to play a significant role. it is my hope that the new series of bank of japan notes will be widely distributed to the people to support the economic infrastructure of japan. thank you for your kind attention. 1 / 1 bis - central bankers'speeches