Search

6.25.  The framework[10-10 Malaysian Science, Technology, Innovation and Economy (10-10 MySTIE) Framework] helps to identify potential national STI[socioeconomic development and science, technology and innovation] priority areas. This includes Diversified Renewable Energy, (...)

6.28.  As one of the 17 megadiverse countries, Malaysia's biological diversity is among the richest in the world, harbouring an enormous range of plants, animals and marine life, which has created a unique ecosystem. While focusing on economic growth and development, the Government gives equal emphasis to promote biodiversity conservation.

6.29.  The Government introduced the National Policy on Biological Diversity 2016-2025 (NPBD) to serve as a national guide for biodiversity management over the next 10 years. It also reflects the Government's effort and initiative to strongly and continuously emphasize on continued conservation, sustainable utilization and shared benefits from biodiversity in a fair and equitable manner, as well as to strengthen the involvement and participation of all relevant stakeholders. The NPBD will be reviewed to align with the Post-2020 Global Biodiversity Framework taking into account national priorities.

7.7.  In recognition of the move towards green economy, Malaysia will prioritize the adoption of environmental, social and governance (ESG) agenda in the manufacturing sector, in line with Malaysia's net zero green-house gas emissions target by 2050.

7.8.  By putting greater emphasis on these areas, Malaysia is optimistic that the objectives of the Twelfth Malaysia Plan, namely resetting the economy, strengthening security, wellbeing and inclusivity as well as advancing sustainability can be achieved and bring about sustainable economic recovery.

1. (...) The Twelfth Plan[the Twelfth Malaysia Plan, 2021-2025] is organized around three key themes (resetting the economy; strengthening security, well-being, and inclusivity; and advancing sustainability), four catalytic policy enablers (developing talent, accelerating innovation and technology adoption, enhancing connectivity and transport infrastructure, and improving public service), and 14 "game changers".

7. (...) It has not been involved in WTO dispute settlement cases as a respondent since 2018, while a dispute panel was established in July 2021, at Malaysia's request, to examine EU measures affecting palm oil and oil-palm crop-based biofuels. (...)

15. (...) Excise duty is charged on certain goods considered non-essential or harmful to health or the environment, including sugar-sweetened beverages, motor vehicles, liquor, cigarettes and tobacco, playing cards, and mahjong tiles. (...)

25. (...)The Peninsular Malaysia Generation Development Plan (2020-2039) targets a significantly higher share of renewables in the domestic energy supply, largely to be met with major expansion of solar power. Investments are primarily to be sourced through private funds and public-private partnerships.(...)The National Energy Policy 2022-2040 also targets significant electricity savings from a range of energy efficiency measures.

26. (...)The propagation of electric vehicles to reduce carbon emissions is supported with tax incentives for vehicle owners as well as manufacturers.