PM Anwar: Govt committing to RM10m seed fund for Malaysian-generated carbon credit to kickstart market

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KUALA LUMPUR, March 8 — 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...

KUALA LUMPUR, March 8 — 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.

He said it is one of the areas for the further development of Technical and Vocational Training — or TVET — that is being redesigned for greater participation of private sectors, while in conventional academia, updates on university syllabi are being developed. “Green business is not only crucial to economic sustainability, but also for all life and its attendant qualities. Malaysia is blessed, our home is also home to some of the world’s oldest rainforests, and our seas share an area recognised as one of the richest reservoirs of biodiversity. These are natural God-given assets — to protect them and value them highly is a must.

 

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