ASEAN KEY DESTINATIONS
Malaysian government- private sector unite on green
He said numerous tangible opportunities are waiting to be tapped by the private sector and there was a need, under the Economic Transformation Programme (ETP), to increase renewable energy by about 3.0 gigawatts in 2020.
"This translates to a revenue opportunity of about RM2.5 billion," he said in his keynote address at the two-day International Green Technology and Purchasing Conference 2010 (IGPTC 2010) here Friday.
His speech was read by Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui.
Muhyiddin also said, educating the public via green ratings and eco-labeling, is a vital start in securing public buy-in, into the green economy.
"In line with this need, eco-labelling for local products embarked on by SIRIM, would be the platform for domestic businesses to participate in niche domestic and overseas market," he added.
On becoming a low carbon nation for environmental sustainability, he said Cyberjaya and Putrajaya, are at the forefront of the government's efforts at green townships.
"This is as part of the development of Green Corridors or Real Estate Townships, which is the next phase in becoming a low carbon nation.
"The well tested carbon-footprint guidelines in these townships can be applied in developing new green townships throughout the country," he added.
According to Muhyiddin, as access to funding and technology is paramount to the pursuit of green growth, greater assistance by developed countries, through funding and facilitating technology transfer and capacity building would substantially improve the outcome of developing countries in green efforts.
Comment on this Article. Send them to email@example.com
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below