As Malaysia moves to retire coal power by 2044, the country has an opportunity to turn retiring coal sites into clean energy hubs and accelerate the deployment of solar, storage and other renewable technologies.
Former environment minister Nik Nazmi Nik Ahmad warned prolonged delays to Malaysia's climate change bill and carbon pricing risk undermining investor confidence, while other panellists called for climate change to be treated as a national security issue and greater investment in adaptation.
The climate standards body says the consultation gives Southeast Asian firms — key players in global agricultural and land-use supply chains — a chance to help shape the second version of its Forest, Land and Agriculture (FLAG) Standard to guide companies in setting science-based targets for land-based emissions and removals.