The UK-funded Climate Finance Accelerator (CFA) has been launched in Malaysia to support the country’s goal of achieving net-zero emissions by 2050. The CFA is a global technical assistance programme that helps climate-focused projects become investor-ready, with over 200 projects having graduated globally since 2020 and securing nearly US$500 million in investments.
The Malaysia launch was officiated by Deputy Minister of Finance Yang Berhormat Tuan Liew Chin Tong and British High Commissioner Ajay Sharma CMG at Le Méridien Kuala Lumpur, in the presence of financiers, businesses, climate project developers, and representatives from the British High Commission and PwC Malaysia. The initiative is designed to help low carbon businesses and climate transition companies secure investment and scale their operations.
The CFA Malaysia call for proposals is open until 6 March 2026. Eligible businesses must be at least at the pre-feasibility stage and require a minimum investment of US$5 million. Selected businesses will receive 3–4 months of tailored support from experts in finance, technical development, and inclusion, with a strong focus on co-benefits such as poverty reduction and biodiversity protection.
Participants will also gain opportunities to network with potential investors and pitch their projects at an event in Kuala Lumpur in November. Deputy Minister Liew emphasized that the programme will help businesses create innovative climate solutions, establish profitable pathways, and engage meaningfully with investors. British High Commissioner Sharma highlighted that the CFA aligns with Malaysia’s Nationally Determined Contribution (NDC) and strengthens UK-Malaysia collaboration on energy, nature, and sustainable finance.
PwC Malaysia’s Managing Partner Soo Hoo Khoon Yean noted that the initiative provides a springboard to bridge the gap between project developers, investors, and public institutions, enabling low-carbon projects to unlock opportunities for green growth. Up to 15 businesses are expected to be selected across sectors including energy efficiency, renewable energy, green mobility, bioenergy and waste, circular economy, green construction, sustainable fuels, sustainable land use, forestry, ecosystem restoration, and carbon markets including measurement, reporting, and verification systems.
Overall, CFA Malaysia represents a critical step in mobilizing investment for climate-resilient solutions, supporting innovative businesses in their transition to low-carbon operations while contributing to Malaysia’s broader sustainability and net-zero ambitions.
