Crucial forests and marine life saved by EFT

PETALING JAYA: Federal funding allocated to various states has played a pivotal role in safeguarding critical forests and marine ecosystems from destruction, making it crucial for state governments to fully utilise such incentives.

Introduced in 2019, the Ecological Fiscal Transfer for Biodiversity Conservation (EFT) has effectively preserved vital areas serving as primary water sources and fishing grounds, which are also sources of income for coastal communities and food for the public.