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News / #subsidies
Carbon & Climate
Malaysia risks missing crucial reforms as delay to climate change bill creates uncertainty
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.
EB Studio
Despite strong growth in electric vehicle uptake over the past decade, Southeast Asia's transition remains uneven. Solutions such as carbon credits could provide an additional revenue stream to improve project bankability, amid evolving regulations and market demand.
Subsidies aren’t enough to develop the battery recycling sector and handle a wave from retired electric vehicles.
Connecting remains too expensive for many rural poor, while solar stopgap measures prove insufficient for their needs.
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