Malaysia has officially entered a new era of climate action with the launch of the National Carbon Market Policy (NCMP). 🇲🇾🌱
Malaysia has officially entered a new era of climate action with the launch of the National Carbon Market Policy (NCMP). 🇲🇾🌱
This isn’t just a policy; it is the essential legislative and technical foundation Malaysia needs to establish a high-integrity carbon market. By aligning with Article 6 of the Paris Agreement, the NCMP opens doors for domestic project developers to access international climate finance while ensuring our national emission reduction targets remain on track.
Why it matters:
🔹 Accelerates the transition to a climate-resilient economy.
🔹 Unlocks international climate finance for domestic developers.
🔹 Sets clear rules for high-integrity carbon credit generation.
As we move from awareness to adoption, this policy is the roadmap our industries need to turn decarbonization into a competitive advantage.
Read more about this milestone: Malaysia launches national carbon market policy
Read Full Policy Here:
https://drive.google.com/file/d/1wx8L16i5-bTVZLal1FefkAOtVNJMbI0e/view?usp=sharing
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