News

Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.

Malaysia is also exploring the possibility of opening up green energy exports and plans to expand its national grid to meet the growing demand for clean electricity, particularly for electric vehicle (EV) charging stations, said Deputy Prime Minister.

The Malaysian National Energy Company (TNB) is conducting a feasibility study to connect the electricity grids of Sarawak and West Malaysia as part of the ASEAN Power Grid (APG). This initiative has the potential to enhance renewable energy

The Malaysian government announced its first aviation industry carbon reduction plan, which proposes four major carbon reduction measures for airlines.

To advance its green economy, the Malaysian government has set ambitious goals, vowing to significantly increase green investment, with a target of reaching 300 billion ringgit (about 72 billion USD) by 2030.

The Malaysian government unveiled its first Circular Economy Blueprint for Solid Waste (2025-2035) on August 6, outlining a 10-year policy direction for solid waste management.

Malaysia's electricity market is gradually moving toward liberalization, with the Corporate Renewable Energy Supply Scheme (CRESS) expected to launch in September.

Malaysia's Deputy Prime Minister revealed the country's timeline for phasing out coal-fired power plants to achieve its net-zero commitment by 2050. By 2035, Malaysia aims to reduce its coal power plants by half and retire all of them by 2044.

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.

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.