Reducing climate change risks

WITH climate change possibly impacting various areas of the economy and overall wellbeing, the government will be keeping its foot on the pedal with initiatives designed to minimise any negative effects on the country while looking to generate growth, said Bank Negara in its Economic Outlook 2023 report.

The central bank noted that the possible far-reaching effects of climate change can be seen in innumerable areas, including food, water security, disaster mitigation, as well as in the tourism and agriculture industries.