YTL Corp contributes USD$2 million to fight climate change

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YTL Corporation launched their “YTL Fellowship for a Rare Planet” at Teeq Kuala Lumpur last Monday.

The event was led by members of YTL’s founding family: Yeoh Tiong Lay, Francis Yeoh and Ruth Yeoh accompanied by the vice president for Asia Rare Conservation, Nigel Sizer ,and Minister of Tourism Ng Yen Yen.

The YTL Fellowship for a Rare Planet is a community-based conservation programme that is set to directly benefit environmentally threatened sites in Malaysia and all around Asia by raising awareness of the issues and by offering communities tools for adapting and to mitigate climate change.

IMG_0005xThe programme is set to use Rare’s existing model of training local leaders to educate them about sustainable living and practices.

Over four years they plan to recruit a total of 100 local leaders.

During the launch said, “Ultimately it is people and communities living near our most threatened natural resources who will determine how well conservation takes root and lasts for generations to come”.

The fund provided by YTL Corp. will be matched by foreign investors and is expected to multiply to an estimated USD$10 million in the period of four years.