Malaysia joins international climate finance ministers group


At a virtual meeting on the sidelines of the International Monetary Fund and World Bank Spring Meetings, the group also welcomed seven other new member finance ministers, from Belgium, Burkina Faso, Japan, South Korea, Kyrgyzstan, Malaysia and Rwanda, bringing its ranks to 60. (File pic shows US Treasury Secretary Janet Yellen)

WASHINGTON: The U.S. government under President Joe Biden is working closely with the international community to tackle climate change, increase the scale of climate finance and leverage additional private investment, Treasury Secretary Janet Yellen said on Tuesday.

Yellen told her first meeting with the Coalition of Finance Ministers for Climate Action, a two-year-old group that Washington joined last week, that the U.S. Treasury would play a critical role in a government-wide push to reach an ambitious 2030 emissions target under the 2015 Paris climate agreement.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Industrial projects look increasingly attractive
Yew Lee expects to return to profitability on wider customer base
Changing office space requirements
Fed dampens hopes for rate cut
F&N to use cost management measures
Demand for co-working space remains resilient
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read