PUTRAJAYA: The government will carry out carbon trading carefully so that such activities do not affect the country's greenhouse gas (GHG) emissions commitment, said Environment and Water (KASA) Minister Datuk Seri Tuan Ibrahim Tuan Man.
He said it was among the six approaches outlined by Prime Minister Tan Sri Muhyiddin Yassin when chairing today's first meeting of the Malaysian Climate Change Action Council (MyCAC) to be implemented by the government on climate change issues.
Another approach is the development of a "green recovery plan" agenda such as the "Green New Deal" so that Malaysia will become a hub in the field of green economy, services and technology, and will foster green lifestyles in all walks of life through the concept of planetary health towards holistic sustainable development, he said.
One other approach is the strengthening of the country's climate change governance through the involvement of all stakeholders, and the implementation of various programmes to drive the climate change agenda by mobilising manpower resources and financial allocations, he said.
In addition, it involves the cooperation of all KASA stakeholders to meet the country's commitments under the United Nations Framework Convention on Climate Change, said Tuan Ibrahim in a statement today.
TUAN IBRAHIM-CLIMATE 2 (LAST) PUTRAJAYA
MyCAC is the ultimate platform for setting the direction, discussing climate change policies and actions, driving green economic growth, catalysing green technology and low-carbon growth at all levels, particularly in the federal and state governments.
Tuan Ibrahim said MyCAC would hold meetings twice a year to discuss climate change issues and the green development agenda.
He said MyCAC also agreed to implement the Low Carbon Mobility Development Plan 2021-2030.
Through the plan, GHG emissions are expected to be reduced by 165 million tonnes of CO2, save fuel expenditure of RM150 billion over 10 years, drive towards increased use of electric vehicles and low-carbon transportation, he said.
Apart from that, the National Low Carbon City Master Plan will also be implemented as the basis of guidance and direction for Low Carbon Cities at the local authority and state government levels.
"Carbon market guidelines and carbon pricing policies will also be developed to support the aspirations of any party that will be involved in the carbon market," he added.
-- BERNAMA
Bernama
Tue Apr 13 2021
Tuan Ibrahim said it was among the six approaches outlined by Prime Minister Muhyiddin when chairing today's first meeting of the Malaysian Climate Change Action Council (MyCAC) to be implemented by the government on climate change issues. -- BERNAMA
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.