Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad said state governments should fully optimise provisions in the Ecological Fiscal Transfer for Biodiversity Conservation and draw up new approaches to increase the impact of EFT implementation. — Bernama picPUTRAJAYA, May 22 — State governments should fully optimise provisions in the Ecological Fiscal Transfer for Biodiversity Conservation and draw up new approaches to increase the impact of EFT implementation.
A statement issued by the ministry today stated that one of the new approaches is to implement large-scale and more impactful biodiversity and forest conservation projects through the “blended finance” approach, which is the mobilisation of additional funds from the state government and strategic partners in addition to the EFT allocation.
EFT is an additional incentive introduced in 2019 to state governments to encourage them to protect, conserve and gazette protected areas that are important for ecosystem services including water catchment areas and wildlife protection.
Nik Nazmi Nik Ahmad Natural Resources And Environmental Sustainability
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sarawak premier to consult state AG, deputy law minister on new name for state legislative houseKUCHING, May 5 — Tan Sri Abang Johari Openg today said he will consult Sarawak Attorney-General Datuk Safri Ali and Deputy Minister of Law, Malaysia Agreement 1963 and...
Source: malaymail - 🏆 1. / 86 Read more »
The executive must decide on removing the word ‘state’ in Sarawak State Legislative AssemblyKUCHING: Sarawak’s executive branch should decide on whether to remove the word ‘state’ from the Sarawak State Legislative Assembly or not, said Speak...
Source: theSundaily - 🏆 25. / 51 Read more »
State govt dedicated to bridging digital gap in Sarawak, says state ministerKUCHING, May 1 — The Sarawak government is dedicated to bridging the digital gap among the people in the state, regardless of whether they reside in urban or rural areas, said...
Source: malaymail - 🏆 1. / 86 Read more »
State Govts urged to include public inquiry in forestry enactmentsPORT KLANG: All state governments have been urged to amend their respective forestry enactments by incorporating public inquiry procedures before dega...
Source: theSundaily - 🏆 25. / 51 Read more »
Terengganu implements three strategies to strengthen its fiscal positionKUALA TERENGGANU: The Terengganu state government is implementing three strategies to strengthen the state&039;s fiscal position, namely, controlling expe...
Source: theSundaily - 🏆 25. / 51 Read more »
Targeted diesel subsidy to strengthen govt fiscal position, improve resource allocationAirplane turbulence, which led to the death of a passenger on a Singapore Airlines flight on Tuesday, is a complex phenomenon that is becoming increasingly common due to climate change, according to experts.
Source: staronline - 🏆 4. / 75 Read more »