: The government is committing to a seed fund amounting to RM10 million to act as an assured demand of Malaysian-generated carbon credits to kickstart the market to support the national journey to achieve net zero as early as 2050.said there is a need for an enhanced focus on investments in green growth areas including hydrogen technology, bioenergy and electric mobility — enablers of green adoption across sectors as well as future economic engines.
“I look forward to projects in this field growing into a position where they can make use of Malaysia’s Voluntary Carbon Market that is operated by Bursa Malaysia,“ he said. “In terms of assets, we must build for ourselves in this area. Through Bank Negara Malaysia, we will provide financing to support green technology startups, while also helping small and medium enterprises implement low-carbon practices,“ he said.
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