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Increasing allocations and giving states more freedom on how they can spend EFT funds could make this mechanism more effective, say conservationists. Malaysia's environmental sustainability minister Nik Nazmi also agrees there is a good basis to make the scheme more permanent, but in-depth discussions must be held with the states, he told Eco-Business.
She succeeds Thomas Brzostowski, who was interim Singapore country director, and will be a senior advisor for regional climate and conservation initiatives.
The federal government says the Ecological Fiscal Transfer (EFT) approach has spurred state governments to expand protected areas and run more conservation programmes. Yet as environmentalists are calling for more EFT funding, our latest analysis finds little transparency on most of the money disbursed, despite some state-level data from Johor and Sabah.
A report finds OCBC – alongside other Singapore lenders – among the top financiers of Indonesia's Harita’s coal-powered nickel smelters. The bank's CSO says it is "not pragmatic" to expect nickel production to be fully renewables-powered.
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The Philippines, Vietnam, Malaysia, and Thailand have named extreme weather as their top concern, putting it ahead of … -
Some say the Ecological Fiscal Transfer approach has spurred state governments to expand protected areas. Our latest analysis, … -
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播客 / 企业社会责任
ESG in retreat? In India more companies see climate action as strategic: Mahindra CSO Ankit Todi
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All 160 MW of proposed plants are for captive use, mostly tied to nickel smelting. The country remains …
