Up to RM1bil in green financing available to Sarawak SMEs

Alliance Bank Malaysia Bhd group chief strategy, marketing and business development officer Dr Aaron Sum (second left), InvestSarawak chief executive officer Timothy Ong (centre) and UNGCMYB executive director Faroze Nadar (right) exchanging the MOU documents, witnessed by Deputy Premier Datuk Amar Awang Tengah Ali Hasan (fourth left). - ZULAZHAR SHEBLEE/The Star

KUCHING: Green financing amounting to RM1bil will be available to Sarawak SMEs to adopt sustainable practices.

This comes after a memorandum of understanding (MOU) was signed by InvestSarawak, an agency under the state International Trade and Investment Ministry, the UN Global Compact Network Malaysia and Brunei (UNGCMYB) and Alliance Bank here on Friday (Nov 10).