KUCHING, Oct 21: Sarawak is conducting a study on establishing the Sarawak Climate Finance Accelerator to identify investment-ready projects and help Sarawakian enterprises access the capital needed to advance them.

Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the proposed initiative was part of the State’s broader efforts to align economic growth with environmental sustainability and accelerate its transition towards net zero emissions.

He said economic expansion and industrial development must go hand in hand with responsible resource management and emissions reduction.

“Net Zero therefore cannot sit apart from economic development. It has to shape the way we grow — by using energy more efficiently, reducing emissions and getting more value from the resources we already have,” he said when delivering his winding up speech during the Sarawak Legislative Assembly (DUNS) sitting today.