PETRONAS, MFF to develop nature-based solutions projects in Malaysia

Petronas vice president and chief sustainability officer Charlotte Wolff-Bye (second from left) and MFF CEO Datuk Jeffri Abd Rasid at the MoU signing ceremony in Kuala Lumpur.

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) and Malaysia Forest Fund (MFF) have signed a memorandum of understanding (MoU) to explore and develop high-quality nature-based solutions projects in Malaysia.

In a statement today, Petronas said nature-based solutions include all activities related to the conservation and restoration of natural ecosystems to lower the concentration of greenhouse gases in the atmosphere.