Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has unveiled Dana Iklim+, Malaysia’s inaugural climate-focused investment fund, with a target deployment of RM2 billion. This initiative, launched at the Kuala Lumpur Sustainability Summit 2025 by Minister of Plantation and Commodities, Datuk Seri Johari bin Abdul Ghani, seeks to propel Malaysia towards a Net Zero future by investing in climate-focused sectors such as infrastructure, private equity, real estate, and nature-based solutions.
Dana Iklim+ is KWAP’s third catalytic investment programme, following Dana Pemacu and Dana Perintis, and aims to further strengthen Malaysia’s investment ecosystem. The fund is designed to deliver both financial returns and environmental benefits, supporting the nation’s transition to a low-carbon, climate-resilient economy. “Dana Iklim+ is an integral part of this effort and demonstrates how institutional capital can be mobilised to drive both environmental impact and sustainable economic growth,” said Hazman Hilmi Sallahuddin, KWAP’s Chief Investment Officer.
The fund is structured as a multi-asset investment strategy, prioritising opportunities that generate meaningful climate impact and sustainable long-term returns. It aligns with national frameworks such as the National Energy Transition Roadmap and the Ministry of Finance’s GEAR-uP initiative, reinforcing Malaysia’s leadership in green investment.
Dana Iklim+ also incorporates KWAP’s impact measurement framework, which evaluates investments across six dimensions, including alignment with the United Nations Sustainable Development Goals. The initiative aims to mitigate up to one million metric tonnes of CO2e, underscoring KWAP’s commitment to embedding sustainability into Malaysia’s financial ecosystem.