Malaysia committed in strengthening sustainability related financing in Budget 2022, says finance minister | Malay Mail

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Malaysia committed in strengthening sustainability related financing in Budget 2022, says finance minister

KUALA LUMPUR, June 24 — The government remains committed to ensure adequate financing for programmes and projects related to the Sustainable Development Goals by strengthening and widening sustainability related financing in the upcoming Budget 2022, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.

“The government is looking further at driving sustainability efforts especially in introducing policies as well as both tax and non-tax incentives for the green economy to push for more renewable energy investment,” he said at the Joint Committee on Climate Change Flagship Conference today. Meanwhile, Tengku Zafrul noted that Malaysia is now working with the UN Development Programme to establish an Integrated National Financing Framework, which comprises platforms for innovation and reforms spanning policy, regulation, financial instrument, institutions as well as greater public and private collaboration.

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