Malaysia’s mangrove-planting fishermen stumble at nature finance hurdle - BusinessWorld Online

They have put in some 400,000 mangrove trees since a restoration initiative started two decades ago, in what was initially a bid to increase the catch of local fishermen.

“Mangroves are important to us fishermen — we need them because this is the breeding ground of fish,” said Ilias, 70, recalling how dwindling mangrove forests affected his catch and livelihood, which prompted him to launch the initiative. As fish catches dwindled for him and other fishermen in the late 1990s, Ilias mobilized his peers to join him in restoring the fast-vanishing mangrove forests through the Penang Inshore Fishermen Welfare Association , which he leads.

Now, Ilias is hoping to access larger sums of global funding to plant more trees, but he is struggling with challenges — from ways to access available money and scale up the project to other issues like language barriers and a lack of technical expertise.

Is this real? Or this is not real? 🤓 mais je suis un artiste 😭 You can’t hide. 🥱

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Business groups press bicam committee to adopt ‘most liberal provisions’ of PSA bill - BusinessWorld OnlineVARIOUS business groups and foreign chambers are pressing the Bicameral Conference Committee to adopt the “most liberal provisions” of a measure amending the Public Service Act (PSA), which they said would help the Philippines attract much-needed foreign investments as it recovers from the pandemic.
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