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.
KWAP said Dana Iklim+ seeks to deliver both sustainable financial returns and measurable environmental outcomes, supporting the country’s transition to a low-carbon, climate-resilient economy.
Structured as a multi-asset investment strategy, Dana Iklim+ prioritises opportunities that drive meaningful climate impact while generating sustainable long-term returns.
Chief investment officer Hazman Hilmi Sallahuddin said the launch of Dana Iklim+ reflects the organisation’s commitment to align investment strategy with Malaysia’s long-term climate objectives.
“As a responsible institutional investor, KWAP is taking a significant step forward in advancing the nation’s transition to a low-carbon, climate-resilient economy.
“Dana Iklim+ is an integral part of this effort and demonstrates how institutional capital can be mobilised to drive both environmental impact and sustainable economic growth. Through this fund, we aim to invest in solutions that create lasting value for Malaysia’s future.”
The initiative is guided by KWAP’s impact measurement framework, which assesses outcomes across six dimensions, including national alignment, climate resilience, and co-benefit indicators aligned with the United Nations Sustainable Development Goals (SDGs).
The “+” in Dana Iklim+ represents these co-benefit indicators that amplify the positive impact of climate-focused investments. It reflects KWAP’s recognition that a credible climate strategy must also address interconnected development priorities such as food security, clean water, energy access, and inclusive economic growth.
“Dana Iklim+ aims to deliver both environmental and financial impact, targeting the mitigation or reduction of up to one million metric tonnes of CO 2e through climate-aligned investments.
“This initiative reinforces KWAP’s role as a responsible institution, reflecting its long-term commitment to embedding sustainability into Malaysia’s financial ecosystem,” Hazman said.
