Malaysia makes substantial progress in cutting CO2 emissions
Malaysia achieved a reduction of 35 percent in the national carbon emissions by the end of 2015 from a target of 40 percent by 2020, according to Malaysian Prime Minister Najib Razak.
Illustrative photo (Photo: AFP/VNA)Hanoi (VNA) – Malaysia achieved a reduction of 35 percent in the national carbon emissions by the end of 2015 from a target of 40 percent by 2020, according to Malaysian Prime Minister Najib Razak.
He made the statement at a conference held in London, the UK on May 17, the Malaysian National News Agency Bernama said.
The Green Technology Financing Scheme has successfully supported 188 projects, which help reduce 2.31 million tonnes of carbon emissions while creating 4,000 new jobs, the Prime Minister noted.
He added that the Malaysian Government has introduced a number of tax incentives to encourage industries to apply green technology.
Green growth is an integral part of the 11th Malaysia Plan, which guides the country over the next four years.-VNA
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