Malaysia will advance its green agenda through the use of legislative tools and greater transparency, the country's Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad said in his remarks at the February 7 launch of the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2023).
Illustrative photo (Source: themalaysianreserve)
Hanoi (VNA) – Malaysia will advance itsgreen agenda through the use of legislative tools and greater transparency, the country's NaturalResources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad said inhis remarks at the February 7 launch of the International Greentech & EcoProducts Exhibition & Conference Malaysia (IGEM 2023).
The minister said the revised Budget 2023 will have aparticular focus on the green economy.
He noted that the ministry’s key initiatives will focus on theenactment of a Climate Change Act to ensure transparency in futureenvironmental impact assessment studies and take the lead in seeking solutionsto climate change issues.
He also highlighted a need to take a comprehensive andholistic governance approach to the country's management of the environment,water, energy, climate change, and natural resources in a coordinated andfocused way.
Themed "Race Towards Net Zero: Leadership for ClimateAction", IGEM 2023 is set to be held in Kuala Lumpur from October 4 to 6./.
Malaysia’s Kenanga Research (Kenanga) expects tourist arrivals in the country to jump almost four-fold to 9.6 million in 2023 from an estimated 2.5 million a year ago.
Malaysian Prime Minister Anwar Ibrahim said the government will work to gradually reduce the national debt and budget deficit, without resorting to raising taxes that hurt the poor.
Malaysia’s external trade activities is expected to expand steadily beyond 2023 amid the impact of new trade agreements, apart from elevated commodity prices and lower interest rates, according to a research released on February 2 by Malaysian Industrial Development Finance Berhad (MIDF).
