KHAZANAH NASIONAL: CLEAN ENERGY AGENDA REQUIRES JOINT EFFORT FROM ALL STAKEHOLDERS

KUALA LUMPUR, Sept 12 (Bernama) -- The clean energy agenda would require a joint effort from all stakeholders with the common goal to drive the nation’s clean energy initiatives and attract more investments into Malaysia, said Khazanah Nasional Bhd.

Its managing director, Datuk Amirul Feisal Wan Zahir said policy enhancement could work hand-in-hand with private-sector-driven solutions to crowd in investments into the four key focus areas identified in the Community Report, which is part of the World Economic Forum’s Mobilising Investment for Clean Energy in Emerging Economies initiative.

“The four key focus areas for investment specifically for Malaysia are solar and storage, coal retirement projects, transmission and distribution, and carbon capture, utilisation and storage.

“The overarching aim should be to support the nation’s net-zero targets while accelerating the deployment of renewable energy and enabling the progress of initiatives announced under various policies and the recent National Energy Transition Roadmap (NETR),” said Amirul in a statement today, in conjunction with the launch of the Community Report, titled “Mobilising Investments for Clean Energy in Malaysia.

The Community Report is a joint effort between the World Economic Forum supported by professional services company Accenture, and also Khazanah and Khazanah Research Institute.

It can be downloaded from https://www3.weforum.org/docs/WEF_Mobilizing_Investments_for_Clean_Energy_in_Malaysia_2023.pdf. 

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-- BERNAMA