News
Malaysia
May 29, 2024
Malaysia launches Forest Conservation Certificate to fund conservation activities
The Malaysia Forest Fund (MFF) introduced its Forest Conservation Certificate (FCC), aimed at redirecting funds from the private sector to back forest conservation initiatives in the country, serving as a non-market mechanism.
May 28, 2024
Masidi says Sabah's first carbon credit trading will gradually yield tangible benefits
It will take some time for Sabah to realize the tangible benefits from trading its first carbon credits from the state rainforest, said state Finance Minister Masidi Manjun.
May 28, 2024
Malaysia aims for 40% of primary energy mix to come from renewables by 2035
Malaysia government aims to ensure that 40% of the country’s primary energy mix comes from renewable sources by 2035, according to Deputy Prime Minister Fadillah Yusof.
May 20, 2024
Sarawak's energy transition: Green power trading, renewables development, and green policies
Prime Minister Abang Johari of Sarawak State of Malaysia led representatives of Sarawak Energy Berhad and other energy companies to attend the Future Energy Asia 2024 in Bangkok, Thailand on May 17 to showcase their energy transition strategies.
May 17, 2024
Malaysia to introduce CCUS regulatory framework, eyes global leadership
Malaysia's Economy Minister Rafizi Ramli has announced that the government will present a progressive regulatory framework bill for Carbon Capture, Utilization, and Storage. The bill is expected to be submitted to the Cabinet in November.
May 15, 2024
Malaysia carbon exchange to auction first local nature-based carbon credits in July
The Malaysia Carbon Exchange (BCX) will auction its first batch of locally generated carbon credits on July 25. This event marks the expansion of its product offering to include local carbon credits in addition to global carbon credits.
May 09, 2024
Malaysia, Japan try out recycling dead palm trees into biomass
Researchers from Malaysia and Japan test process converting felled palm trees into renewable biomass energy.
May 02, 2024
ACWA Power plans to invest $10 billion in Malaysia for renewable energy projects
Saudi Arabia-based renewable energy giant ACWA Power has revealed its plans to work with several strategic Malaysian partners to develop renewable energy projects across multiple states in Malaysia, according to Prime Minister Anwar Ibrahim.
April 24, 2024
Sarawak aims to lead as clean hydrogen hub with abundant hydropower
Sarawak, a state abundant in oil resources, is poised to emerge as a hub for clean hydrogen energy. Leveraging its ample hydropower reserves, it seeks to overcome obstacles hindering the fuel's potential elsewhere.
April 16, 2024
Malaysia establishes Energy Exchange Malaysia for cross-border trading of green power
The Malaysian government has agreed to set up the Energy Exchange Malaysia (Enegem) to facilitate cross-border trading of green electricity to neighboring countries.