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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 country’s new climate finance policy must be a pathway to access climate funds, not another bureaucratic hurdle.
Singapore’s National Adaptation Conversation, a new platform for stakeholder input, will help shape the country’s first climate adaptation plan due in 2027.
Edward Vrkić, United Nations Development Programme chief for Malaysia, Singapore and Brunei Darussalam, warned that failing to invest in adaptation could be far costlier, as Malaysia works on its first National Adaptation Plan and seeks to turn climate resilience into a private investment opportunity.
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