KUALA LUMPUR, Oct 15 (Bernama) -- The increase in the Ecological Fiscal Transfer (EFT) fund to RM270 million is seen as a strategic move to ensure environmental sustainability while strengthening economic well-being and national resilience in the face of climate change.
General : RM270 Million EFT Fund A Strategic Move To Safeguard Environment, Strengthen Economy
Budget 2027, reaction, EFT fund, protection, natu
Key takeaways
Malaysia increased EFT fund to RM270 million to support environmental sustainability and economic resilience.
- EFT fund aims to protect habitats and promote sustainable economic activities.
- Experts suggest focusing on outcome indicators like reduced deforestation and biodiversity health.
- Natural capital accounting could help measure environmental value as economic benefits.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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Related reporting
3 stories on this topic from 3 sources, oldest first.
- Bernama General : RM270 Million EFT Fund A Strategic Move To Safeguard Environment, Strengthen Economy (this story)
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