KUALA LUMPUR, June 20 — The government has reaffirmed its commitment to net-zero emissions by 2050 as well as increasing the share of renewable energy in power installed capacity from 25 to 70 per cent, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad.
He said the efforts were supported by the introduction of Malaysia’s National Energy Transition Roadmap (NETR), which establishes the pathway for the nation’s energy mix, greenhouse gas emission reduction and energy transition initiatives.
Nik Nazmi said achieving Malaysia’s net-zero targets requires careful balancing of an energy trilemma to ensure sustainable, secure and affordable energy for the future.
“The National Climate Change Action Council (MTPIN) agreed to set up a National Decarbonisation Committee, which I will chair. Made up of the state governments and other stakeholders, its role is to ensure Malaysia’s transition to low-carbon development is orderly and inclusive.
“The MTPIN also agreed various policies such as NETR, as well as the New Industrial Master Plan 2030, and the Hydrogen Economy and Technology Roadmap should be expedited,” he said in his special address at the SIDC Sustainable and Responsible Investment (SRI) Conference here today.
The SIDC SRI Conference emphasises the need of global unity in prioritising sustainable investments for human well-being and the planet amid escalating environmental challenges.
— Bernama
