COP28 Climate Negotiations Focus on Finance and Adaptation

COP28 climate negotiations prioritize finance and adaptation, with key areas such as climate finance, fossil fuels, and renewable energy. Developing nations seek commitments in the agreement on finance, while western countries are reluctant to provide more support without emissions reduction commitments. Surbana Jurong and Invest Sarawak have signed an MOU to deepen cooperation in energy transition, industrial transformation, and decarbonisation initiatives in Sarawak State, focusing on green economy opportunities and carbon capture projects.