KUALA LUMPUR, May 31 (Bernama) — PETRONAS and Malaysia Forest Fund (MFF) have signed a Memorandum of Understanding (MoU) to explore and develop high-quality Nature-based Solutions (NBS) projects in Malaysia.
NBS comprises all activities related to the conservation and restoration of natural ecosystems to lower the concentration of greenhouses gases in the atmosphere. It offers immediate, scalable, and cost-effective pathways to reduce net emissions, as well as contributes to climate mitigation and community co-benefits.
