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Experts say the bonds will attract international investment in China’s green transition, bringing private funding and boosting international climate cooperation.
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.
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.
While they bet big on artificial intelligence and product carbon-footprint tracking, more action is needed to drive greener consumption, experts say.
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Some say the Ecological Fiscal Transfer approach has spurred state governments to expand protected areas. Our latest analysis, … -
新闻 / 能源
‘Radical change needed’: Can Malaysia grow renewable energy capacity amid increasing regulation?
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播客 / 企业社会责任
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新闻 / 政策和金融
A ‘mosaic’ of abatement strategies needed to cut global methane emissions amid US backtrack
EB工作室 There may be hope for methane abatement with recently proposed guidelines and funding pledges. But with the United …
