2027 Budget: RM270mil to help states conserve natural heritage
KUALA LUMPUR: The 2027 Budget reflects the government’s continued commitment to balancing economic growth with environmental sustainability, says Deputy Natural Resources and Environmental Sustainability Minister Syed Ibrahim Syed Noh.
In Malaysia's 2027 Budget, RM270 million has been allocated to support state governments in preserving the nation's natural heritage through the Ecological Fiscal Transfer (EFT). Deputy Natural Resources and Environmental Sustainability Minister Syed Ibrahim Syed Noh highlighted the budget's emphasis on balancing economic growth with environmental sustainability.
Key priorities include protecting natural resources, advancing environmental governance, and raising public awareness about sustainability. The budget also earmarks RM65 million to support approximately 2,500 community rangers in biodiversity protection and proposes a buyback scheme for old fishing nets to safeguard marine ecosystems.
Additionally, the government plans to upgrade aging sewage systems on several islands to protect marine environments and is developing a carbon framework to support carbon trading. Syed Ibrahim emphasized the importance of enforcing environmental policies, enhancing forest and wildlife protection, and engaging younger Malaysians through programs like Duta Muda Alam, which promotes environmental education and conservation activities.
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