EUROCHAM Malaysia was invited to attend the Climate Finance Summit 2024 yesterday, held at Sasana Kijang. The summit convened industry leaders and policymakers, including YAB Dato’ Sri Haji Fadillah, Deputy Prime Minister and Minister of Energy Transition, YB Nik Nazmi, Minister of Environmental Sustainability, and H.E. Michalis Rokas, EU Ambassador to Malaysia.

The summit's three forums provided an in-depth platform for discussing critical aspects of climate finance, focusing on Malaysia's unique challenges and opportunities. During one of the forums – Embracing the Green Shift in Sustainability Adoption: A Brief, explored the convergence of various financing avenues across entire organisations in a transformative approach to support Malaysia’s climate agenda. We’re happy to see our fellow member Ditrolic Energy represented by Mr Tham Chee Aun, Group CEO participating in the pivotal panel session.

A well-informed debate on the global benefits and implications of the EU's Carbon Border Adjustment Mechanism (CBAM) followed. The discussions on CBAM highlighted the complexities of multilateral agreements and trade deals in promoting sustainable and environmentally friendly export-import relationships between the EU and Malaysia. This open debate on the EU’s green trade policies emphasised the need for inclusion and transparency, ensuring that Malaysia and other trade partners understand and engage with the green policy framework.

#ClimateFinanceSummit2024 #sustainability #advocacy #EUMYstrongertogether #eurochammy