KUALA LUMPUR, Oct 8 (Bernama) -- The proposed National Climate Change Bill will institutionalise mandatory carbon accounting and clear governance to give businesses the legal certainty needed to decarbonise.
General : National Climate Change Bill To Institutionalise Mandatory Carbon Accounting - Arthur
Arthur Joseph Kurup, IGEM 2026, national climate c
Key points
- Natural Resources and Environmental Sustainability (NRES) Minister Datuk Seri Arthur Joseph Kurup said the legislation, alongside the National Climate Change Policy 2.0, would align Malaysia’s environmental agenda with the National Energy Transition Roadmap (NETR) and New Industrial Master Plan 2030 (NIMP 2030).
- Arthur said the National Carbon Market Policy, launched in April, established a transparent and high-integrity regulatory framework for voluntary and compliance markets, with clear Monitoring, Reporting and Verification (MRV) standards aligned with Article 6 of the Paris Agreement.
- At the sub-national level, Arthur said the ministry was working with state governments and local authorities to accelerate green technology adoption, including through the Low Carbon Cities Framework, which enables local councils to measure, manage and reduce urban emissions.
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