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Bank Islam’s SME Smart ECO enables businesses to adopt green technology

30 Jan 2023 | Monday Source: The Malaysian Reserve

SINCE the Finance Ministry announced the country’s aim to achieve net-zero greenhouse gas (GHG) emissions by 2050 under the 12th Malaysia Plan (12MP) 2021-2025, many big corporate players started to take on low-emission and renewable-energy initiatives to support this goal.

However, producing and using green technology — many of which are still new — could be costly. This hinders smaller businesses, as much as they want to support the government’s vision, from playing their part.

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