The world is grappling with the triple planetary crisis of extreme weather, pollution and biodiversity loss. Malaysia has not been spared.
Climate Change
The AIIB’s venture at fighting the climate crisis and promoting sustainability still falls short, despite its pledges of in a climate action plan.
Big companies and brands these days like to pledge their commitments to combating the climate crisis. These climate pledges, however, are not as easily put into action and, worse, can be easily misused for greenwashing purposes.
Brunei’s pursuit of sustainable development agenda would not only benefit the country through economic diversification and maintenance of political stability but also serve as Brunei’s fuel to project more significant regional influence.
Though currently more expensive to implement, Malaysia’s transition to a low-carbon economy is beneficial in the long-term. Benefits include new business opportunities and employment avenues.
Climate change is just one of the multipronged environmental issues like deforestation, pollution, water scarcity, etc. Why are global leaders adamant on choosing a harmful path to meet the Net Zero target by 2050?
Brunei is adopting a holistic approach to mitigate climate change by engaging society and other concerned organisations.
Climate change has globally imposed unprecedented impacts on the countries in the Global South. Brunei Darussalam has now been taking new steps forward to cope with the climate changes.