Former environment minister Nik Nazmi Nik Ahmad warned prolonged delays to Malaysia's climate change bill and carbon pricing risk undermining investor confidence, while other panellists called for climate change to be treated as a national security issue and greater investment in adaptation.
The government proposes funding for building efficiency, sustainable transport, industrial transition and climate technology as businesses seek longer-term financing for major projects.
Emerging markets face gaps in equity financing, currency risk protection and scalable investment structures, say experts, who warn that climate projects will not be bankable without stronger policy support and financial reform.