A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia

With Malaysia’s commitment to both mitigation and adaptation, the 21st Conference of Parties to the United Nations Framework Convention for Climate Change in Paris, 2015, will be both an opportunity to showcase best practices and a forum to promote international ownership of climate challenge be...

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Main Authors: Ibrahim, Kamarulazizi, Ahmad Shabudin, Ahmad Firdaus, Kanayathu, Chacko Koshy, Ghassem, R. Asrar
Format: Article
Language:English
Published: Taylor & Francis Open 2016
Subjects:
Online Access:http://eprints.usm.my/38063/
http://eprints.usm.my/38063/1/A_new_framework_for_integrated_climate_finance_and_inclusive_responses_to_sustainable_development_in_Malaysia.pdf
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author Ibrahim, Kamarulazizi
Ahmad Shabudin, Ahmad Firdaus
Kanayathu, Chacko Koshy
Ghassem, R. Asrar
author_facet Ibrahim, Kamarulazizi
Ahmad Shabudin, Ahmad Firdaus
Kanayathu, Chacko Koshy
Ghassem, R. Asrar
author_sort Ibrahim, Kamarulazizi
building USM Institutional Repository
collection Online Access
description With Malaysia’s commitment to both mitigation and adaptation, the 21st Conference of Parties to the United Nations Framework Convention for Climate Change in Paris, 2015, will be both an opportunity to showcase best practices and a forum to promote international ownership of climate challenge before it becomes a catastrophe. Our experience with weather extremes is that the best time to intervene is at the risk level via prevention and preparedness, compared to any wait-and-see approach. As the Honourable Prime Minister of Malaysia, Dato’ Sri Mohd Najib Abdul Razak, elaborated during the recent 11th Malaysia Plan presentation to the parliament, ‘such an approach has to be seen as part of adopting green growth and increasing our commitment to long-term sustainability’. Malaysia is also aware that this requires policy support, technological interventions and financial commitment. It is for this reason the Malaysia’s pledge at the Copenhagen COP-15 was to reduce its carbon emission by 40% from 2005 levels by 2020, subject to technology transfer and financial support by developed countries. Having achieved a 33% reduction in the last five years, Malaysia is convinced that it can reach the 40% target following an inclusive partnership framework for action.
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spelling usm-380632017-12-22T01:38:11Z http://eprints.usm.my/38063/ A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia Ibrahim, Kamarulazizi Ahmad Shabudin, Ahmad Firdaus Kanayathu, Chacko Koshy Ghassem, R. Asrar HG4001-4285 Finance management. Business finance.Corporation finance With Malaysia’s commitment to both mitigation and adaptation, the 21st Conference of Parties to the United Nations Framework Convention for Climate Change in Paris, 2015, will be both an opportunity to showcase best practices and a forum to promote international ownership of climate challenge before it becomes a catastrophe. Our experience with weather extremes is that the best time to intervene is at the risk level via prevention and preparedness, compared to any wait-and-see approach. As the Honourable Prime Minister of Malaysia, Dato’ Sri Mohd Najib Abdul Razak, elaborated during the recent 11th Malaysia Plan presentation to the parliament, ‘such an approach has to be seen as part of adopting green growth and increasing our commitment to long-term sustainability’. Malaysia is also aware that this requires policy support, technological interventions and financial commitment. It is for this reason the Malaysia’s pledge at the Copenhagen COP-15 was to reduce its carbon emission by 40% from 2005 levels by 2020, subject to technology transfer and financial support by developed countries. Having achieved a 33% reduction in the last five years, Malaysia is convinced that it can reach the 40% target following an inclusive partnership framework for action. Taylor & Francis Open 2016 Article PeerReviewed application/pdf en http://eprints.usm.my/38063/1/A_new_framework_for_integrated_climate_finance_and_inclusive_responses_to_sustainable_development_in_Malaysia.pdf Ibrahim, Kamarulazizi and Ahmad Shabudin, Ahmad Firdaus and Kanayathu, Chacko Koshy and Ghassem, R. Asrar (2016) A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia. Geomatics, Natural Hazards and Risk , 7 (6). pp. 1754-1768. ISSN 1947-5705 http://dx.doi.org/10.1080/19475705.2016.1155503
spellingShingle HG4001-4285 Finance management. Business finance.Corporation finance
Ibrahim, Kamarulazizi
Ahmad Shabudin, Ahmad Firdaus
Kanayathu, Chacko Koshy
Ghassem, R. Asrar
A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia
title A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia
title_full A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia
title_fullStr A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia
title_full_unstemmed A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia
title_short A new framework for integrated climate finance and inclusive responses to sustainable development in Malaysia
title_sort new framework for integrated climate finance and inclusive responses to sustainable development in malaysia
topic HG4001-4285 Finance management. Business finance.Corporation finance
url http://eprints.usm.my/38063/
http://eprints.usm.my/38063/
http://eprints.usm.my/38063/1/A_new_framework_for_integrated_climate_finance_and_inclusive_responses_to_sustainable_development_in_Malaysia.pdf