KWAP launches climate-focused fund with target deployment of RM2bil


KWAP chief investment officer Hazman Hilmi Sallahuddin

KUALA LUMPUR: Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has launched Dana Iklim+, Malaysia’s first climate-focused investment fund with a target deployment of RM2bil, marking a major milestone in advancing the nation’s sustainable finance agenda.

In a statement, KWAP said the fund aims to accelerate Malaysia’s transition to net zero by channelling institutional capital into climate-focused investments across infrastructure, private equity, real estate, and nature-based solutions.

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

Next In Business News

Moody’s: South, Southeast Asia credit outlook stable despite US dollar strength
South Korea's KOSPI craters over 8% as Fed fears spark tech rout
Gold extends losses on US interest rate-hike fears
OCBC to offer physical gold trading, storage in Singapore
Indonesia's FX reserves slide to two-year low, sparking concern�
US allegations of forced labor refuted
Chipmakers drag South Korea, Taiwan stocks lower as investors unwind AI bets
Liftech to raise RM23mil from ACE Market IPO
Yuan brushes off dollar strength, trade data eyed
Supply crisis to push costs beyond oil prices, whole-of-nation response needed

Others Also Read