New Straits Times
Summary
For the first time, Kuala Lumpur City Hall will introduce a climate change fund in its 2023 Budget to provide initiatives to tackle the effects of climate change.
Mayor Datuk Seri Mahadi Che Ngah said RM7 million had been set aside for this purpose, adding that this proved City Hall was serious about tackling the effects of climate change.
"I had a special meeting with the Energy Commission yesterday and learned that many countries have taken the same initiative to deal with climate change.
"I was also made to understand that investors, particularly those from European countries who come to the region to invest, would seek out buildings in the city that are "green certified," he told a press conference today.
Mahadi said City Hall's 2023 Budget had allocated RM2 million from operational allocations and RM5 million from development allocations towards the climate change fund.
The funds would be used for a feasibility study on the plan to set up a district cooling facility in Kuala Lumpur.
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