Transition financing under NETR on the cards


Rafizi says the funds allocated for transition financing will consist of projects including purchases or the usage of equipment to increase energy efficiency in businesses. — Bernama

PETALING JAYA: Plans for transition financing under the National Energy Transition Roadmap (NETR) are currently being discussed as the Economy Ministry is set to work together with banks and financial institutions, says its minister Rafizi Ramli.

He said the government has allocated RM2bil to be managed by his ministry and they are currently in the process of determining what type of financing can be made available and the amount to be allocated for different projects.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IMF evaluation reflects Malaysia’s strong economic fundamentals, economists say
MATRADE appoints Abu Bakar Yusof as CEO
Ringgit poised to see profit-taking after hitting near six-year high vs greenback
The illusion of beat estimates
Racing to deliver
Green stocks are big winners
Asia in US$200bil complex investment�revival
EU dilutes green disclosure rules
Can Nilai become an AI mega hub?
Thematic guide to investments in 2026

Others Also Read