MORE funds are being allocated for state governments in Malaysia to protect the environment every year – from RM70mil in 2021, it grew to RM100mil in 2022, and RM150mil this year.
Such allocations, known as an Ecological Fiscal Transfer (EFT), are provided by the Federal Government as an incentive for state governments to preserve natural surroundings and wildlife habitats. This includes protected areas like forests, coastlines, parts of the sea, and rivers and lakes.
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EFT mechanism in Malaysia dialogue
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