In line with Malaysia’s renewed commitment towards achieving net zero by 2050 at the United Nations Climate Change Conference (COP26), ABB Malaysia has signed a Memorandum of Understanding (MoU) with the Malaysian Green Technology and Climate Change Corporation (MGTC) to formalise their collaboration on energy efficiency.
The agreement outlines areas for collaboration which includes awareness building; advocating the development of minimum efficiency standards for electric motors; engaging key stakeholders in knowledge sharing dialogues; and establishing partnership networks to help industries identify energy efficient technology and solutions that deliver the greatest value.
Three national policies, particularly the National Green Technology Policy (NGTP), the National Climate Change Policy (NCCP) and the Green Technology Master Plan (GTMP), sets out a coherent framework to drive the nation’s low-carbon future. In joining the global initiative to combat climate change, Malaysia has pledged to reduce its greenhouse gas emissions intensity of GDP by 45% in 2030 based on 2005 emission levels.
R Narayanan, ABB Malaysia’s Country MD and Senior Vice President, Asia, ABB Motion Business Area; and Shamsul Bahar Mohd Nor, CEO, MGTC signed the agreement during a virtual event streamed on the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) platform.
“Our commitment to address climate change began even before the Paris Agreement was signed when the country announced its carbon mitigation target at the United Nations Framework Convention on Climate Change (UNFCCC) meeting in 2009. We have come a long way but more can be done especially in increasing the uptake of energy efficiency,” said Shamsul Bahar.
“Some of our green measures include our Low Carbon Cities 2030 Challenge to encourage municipalities in Malaysia towards initiating low carbon initiatives in their cities, and our Low Carbon Mobility Blueprint to promote low carbon initiatives in the transport sector. We have seen successes in areas of facilitating green financing in Malaysia, promoting green procurement in public sector via our MyHIJAU Recognition Scheme for green products and services, in addition to the overwhelming response from municipalities in Malaysia to our Low Carbon Cities 2030 Challenge Program. The signing of the MoU with ABB in Malaysia underpins our commitment to the nation’s sustainable future. By collaborating with technology leaders, we hope to broaden our range of strategies to reap the full potential of energy efficiency as a key element in the national energy policy framework,” he added.
Malaysian Green Technology and Climate Change Corporation (MGTC) is an agency of the Ministry of Environment and Water (KASA) mandated to drive the country in the scope of Green Growth, Climate Change Mitigation and Green Lifestyle.
MGTC’s initiatives and programs focus on increasing GDP from green technology by RM100 billion and generating 230,000 green job opportunities.