: A bill on climate change, expected to be tabled in Parliament next year, aims to enhance environmental sustainability while creating new opportunities for the business sector, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad.“Countries in the European Union and elsewhere have stringent sustainability standards. This bill will help our business sector meet these demands,” he explained.
Nik Nazmi said this in a press conference following a discussion held in conjunction with the Selangor ASEAN Business Conference 2024 at the Kuala Lumpur Convention Centre today. The bill aims to regulate major polluters, including companies within the country. It incorporates both incentive and penalty elements, targeting entities such as companies or agencies rather than individuals.
“Today, I outlined the federal government’s efforts in sustainability, particularly in addressing climate change, national pollution, and biodiversity,” he said.