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KUALA LUMPUR (March 8): Thirteen green projects in renewable energy (RE), low carbon transport, water infrastructure and waste management are showcased and a sample pipeline of 60 projects in these areas have been identified in the newly-released Green Infrastructure Investment Opportunities Malaysia (Malaysia GIIO) report.
Malaysia GIIO is prepared to meet the growing demand for green investment opportunities and to support transition to a low carbon economy. It aims to support Malaysia’s economic and climate goals by stimulating engagement around the financing of climate resilient infrastructure between project owners and developers and development finance institutions and international investors.
In a statement today, the Climate Bonds Initiative said the report identifies and analyses multiple green infrastructure projects open for potential investment and development.
THE election of Joe Biden as the 46th president of the United States has brought cheer to the renewable energy (RE) industry in the country. He has pledged to combat climate change under a US$2 trillion plan while creating millions of jobs at home in the green sector.
On Jan 27, the White House announced that Biden will ensure that the federal government leverages its buying power to procure carbon-pollution-free electricity, made in the US, to stimulate clean energy industries.
Once in office, he also cancelled the construction of the Keystone XL gas pipeline.
As a result, investors piled into RE stocks, including solar energy stocks. The Invesco Solar Exchange Traded Fund (ETF), which tracks an index of solar energy stocks, had returned 237.93% over the one-year period ended Jan 31.
PETALING JAYA: The ongoing Covid-19 pandemic and new norms have added new environmental issues that require a concerted effort from all stakeholders to improve and facilitate sustainable living, says Tan Sri Muhyiddin Yassin (pic).
The Prime Minister said over the past year, the world experienced unprecedented social, economic and environmental impacts due to the pandemic.
He noted that according to the United Nations Sustainable Development Goals (SDG) Report 2020, the pandemic had caused further disruptions to progress, which was already “off-track” by the end of 2019.
“The pandemic has provided brief reliefs with clearer skies and cleaner air, especially during the movement control order.
Concerted effort needed to improve sustainable living
February 25, 2021
KUALA LUMPUR – There must be a concerted effort by stakeholders, the government, industry players, academicians and the public to improve and facilitate sustainable living, said Tan Sri Muhyiddin Yassin.
The prime minister said industrialisation in Malaysia needs to be environmental-friendly with a sustainable consumption and production approach.
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“With your support, I am confident that we can make meaningful progress together as a nation,” Muhyiddin said in his speech at the Prime Minister’s Hibiscus Award (PMHA) 2019/2020 ceremony conducted virtually here tonight.
On the country’s challenges in maintaining environmental sustainability during the ongoing COVID-19 pandemic, he said although Malaysians found some relief by experiencing clearer skies and cleaner air during the Movement Control Order period, new norms also meant that there were fresh environmental issues to deal with in