Financing for Sustainable Development: Reflections on the Malaysian Perspective against the Six Capital Types Proposed by United Nations Sustainable Development Solutions Network
Affiliation(s)
Centre for Global Sustainability Studies (CGSS), Universiti Sains Malaysia, Penang, Malaysia.
Centre for Global Sustainability Studies (CGSS), Universiti Sains Malaysia, Penang, Malaysia.
ABSTRACT
This article is about analysis of Malaysia’s achievements regarding the proposed main capital out-lined by the United Nations Sustainable Development Solutions Network (UN SDSN) that to be empowered by every country in the world. There are six main types of capital proposed by UN SDSN which are infrastructure, human capital, natural capital, business capital, intellectual capital and social capital. Based on the proposed six categories, Malaysia should take the initiative proposed so that Malaysia can achieve sustainability in its development as outlined in the Sustainable Development Goals (SDGs). This situation needs to be done because Malaysia is still lagging in their efforts to preserve the type of capital owned by them. Good management needs to be done to strengthen the type of capital held in Malaysia.
This article is about analysis of Malaysia’s achievements regarding the proposed main capital out-lined by the United Nations Sustainable Development Solutions Network (UN SDSN) that to be empowered by every country in the world. There are six main types of capital proposed by UN SDSN which are infrastructure, human capital, natural capital, business capital, intellectual capital and social capital. Based on the proposed six categories, Malaysia should take the initiative proposed so that Malaysia can achieve sustainability in its development as outlined in the Sustainable Development Goals (SDGs). This situation needs to be done because Malaysia is still lagging in their efforts to preserve the type of capital owned by them. Good management needs to be done to strengthen the type of capital held in Malaysia.
Cite this paper
Nor, R. , Koshy, K. and Ibrahim, K. (2015) Financing for Sustainable Development: Reflections on the Malaysian Perspective against the Six Capital Types Proposed by United Nations Sustainable Development Solutions Network. Journal of Human Resource and Sustainability Studies, 3, 141-149. doi: 10.4236/jhrss.2015.33019.
Nor, R. , Koshy, K. and Ibrahim, K. (2015) Financing for Sustainable Development: Reflections on the Malaysian Perspective against the Six Capital Types Proposed by United Nations Sustainable Development Solutions Network. Journal of Human Resource and Sustainability Studies, 3, 141-149. doi: 10.4236/jhrss.2015.33019.
References
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[1] UN SDSN (The United Nations Sustainable Development Solutions Network) (2015) Key Elements of a Successful Addis Ababa Accord on Financing for Sustainable Development.
http://unsdsn.org/resources/publications/key-elements-of-a-successful-addis-ababa-accord-on-financing-for-sustainable-development/ [2] The World Bank (2014) Logistic Performance Index.
http://lpi.worldbank.org/international/global?sort=asc&order=Infrastructure [3] MyGovernment (The Government of Malaysia’s Official Portal) (2015) Overview about Malaysia.
https://www.malaysia.gov.my/en/about-malaysia [4] MPK (Majlis Perbandaran Kuantan) (2015) Bahagian Infrastruktur.
http://www.mpk.gov.my/web/guest/mpk/pengurusan/majlis/jabatan/091infra [5] EPU (Economic Planning Unit) (2015) Pembangunan Wilayah.
http://www.epu.gov.my/faq%3Bjsessionid%3D988507AC669866A2D636A90D241A4A76%3Fp_p_id%
3D56_INSTANCE_xU3W%26p_p_lifecycle%3D0%26p_p_state%3Dnormal%26p_p_mode%3Dview%
26p_p_col_id%3Dcolumn-4%26p_p_col_count%3D1%26page%3D8 [6] Ministry of Works Malaysia (2015) Bahagian Pembangunan dan Penswastaan.
http://www.kkr.gov.my/en/node/10745 [7] Rosly, Md.A. (2014) “Lagi Bot Karam di Sarawak” dlm. Utusan Online.
http://ww1.utusan.com.my/utusan/Jenayah/20140131/je_02/Lagi-bot-karam-di-Sarawak#ixzz3WsWfWGy2 [8] Ismail, R.A. and Ahmat, A. (2014) “Jeritan Sebelum Karam” in Harian Metro.
http://mobile.hmetro.com.my/articles/2014011901595120140119015951/Article/ [9] The Ministry of Health Malaysia (2014) Health Facts 2014.
http://www.moh.gov.my/images/gallery/publications/HEALTH%20FACTS%202014.pdf [10] Ministry of Education Malaysia (2013) Perangkaan Pendidikan Negara: Sektor Pengajian Tinggi.
http://www.mohe.gov.my/web_statistik/Indikator_Pengajian_Tinggi_Malaysia_2013.pdf [11] Yaacob, M.R. and Yusof, M.F.M. (2013) Perindustrian dan Kelestarian Kualiti Alam Sekitar di Malaysia: Asas dan Pendekatan Teori Pemodenan Ekologikal. Prosiding PERKIM VIII, 2, 991-1003. [12] Siang, E.G. (2011) Isu-Isu Alam Sekitar.
http://www.agc.gov.my/index.php?option=com_content&view=article&id=1024:isu-isu-alam-sekitar&catid=71:admin%20ag&Itemid=91&lang=en [13] Borneo Post Online (2011) Sikap Masyarakat Punca sampah-Sarap di Tapak Pengutipan Sampah Menjijikkan.
http://www.theborneopost.com/2011/08/12/sikap-masyarakat-punca-sampah-sarap-di-tapak-pengutipan-sampah-menjijikkan/ [14] Department of Fisheries Malaysia (2013) Azam Tani Programme.
http://www.dof.gov.my/en/program-azam-tani [15] EPU (Economic Planning Unit, Malaysia) (2014) Table 6: Incidence of Poverty by Ethnicity, Strata and State, Malaysia, 1970-2012. Unit Perancangan Ekonomi, Jabtan Perdana Menteri.
http://www.epu.gov.my/documents/10124/669145a4-1b34-4f04-9043-31b24d1c3442 [16] The World Bank (2015) Malaysia Overview.
http://www.worldbank.org/en/country/malaysia/overview [17] Tinggi, J.P. (2009) Laporan Tahunan: Jabatan Pengajian Tinggi 2009.
http://jpt.moe.gov.my/ARKIB%20dan%20PENERBITAN/Laporan%20Tahunan%20JPT%202009.pdf [18] Harian, S. (2014) Mosti Tawar Pembiayaan Dana R&D.
http://www.sinarharian.com.my/mobile/nasional/mosti-tawar-pembiayaan-dana-r-d-1.324592 [19] Zain, N. (2014) MyWatch Cabar PDRM Buktikan Jenayah Menurun.
http://www.sinarharian.com.my/ultras/liga-malaysia/mywatch-cabar-pdrm-buktikan-jenayah-menurun-1.258908