Green Technology Annual Report

In 2009, the Government committed to a voluntary reduction of up to 40% in terms of emissions intensity per unit of GDP by the year 2020 compared to emission intensity level in 2005. This commitment has been revised in 2016, as announced by the Prime Minister of Malaysia at COP-15, with a new target: 45% reduction by 2030 from the 2005 baseline. Ever since climate change has taken centre stage in the global community, Malaysia has been conscious and conscientious of reducing its carbon emissions. In 2009, the Government committed to a voluntary reduction of up to 40% in terms of emissions intensity per unit of GDP by the year 2020 compared to emission intensity level in 2005. This commitment has been revised in 2016, as announced by the Prime Minister of Malaysia at COP-15, with a new target: 45% reduction by 2030 from the 2005 baseline. Although the nation’s long standing effforts toward a greener future predates the establishment of MGTC, the efforts put in particular by the previous and current leadership of this Agency have had a positive and lasting imprint on the country’s sustainable development. Over the last decade, the Agency has worked tirelessly with various Ministries, Government Agencies and other market enablers, including financial institutions, to grow and support a greener marketplace, ensuring green technology becomes the preferred choice at various levels of decision making. We worked closely with various ministries, government agencies and other market enablers in ensuring green technology becomes the preferred choice . The Agency has continuously identified gaps in the evolution and adoption of green technology, and prioritised initiatives to overcome these gaps. Following the PTM-initiated establishment of the Sustainable Energy Development Authority (SEDA), for example, the Agency has helped in promoting renewable energy (RE) and energy efficiency (EE) growth through its enabling programmes including the Green Technology Financing Scheme (GTFS) and Green Investment Tax Allowance (GITA). It further supported greater widespread applications of green energy through the Energy Audit Conditional Grant (EACG) and that of capacity building programmes the like of Energy Management Training (EMT). In due time, the focus of the Agency would shift toward the greening of transport sector, where it would launch various electric mobility programmes, and is currently finalising a Low Carbon Mobility Blueprint (LCMB) that is is to be announced at the end of 2020. Going further forward, the Agency is conceptualising more programmes targeting highly efficient waste management in order to be in line with the concept of circular economy, another key area in the Government’s agenda for greater sustainability through resource efficiency. The Agency has achieved much, and yet there is much more to do and to accelerate the nation’s green agenda by reaching more sectors of the economy including agriculture and forestry. At the same time, the Agency will play its critical role to help enhance the overall well-being by building the country’s resilience to the impacts of climate change. 6 MALAYSIAN GREEN TECHNOLOGY & CLIMATE CHANGE CENTRE ANNUAL REPORT 2019