Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad said the government also remains dedicated to realising the net-zero GHG emissions target while balancing the economic needs of the nation and the people’s well-being.
"As the Minister of Natural Resources, Environment and Climate Change, my main priority will be the Nationally Determined Contributions Roadmap and Long-term Low Emissions Development Strategies which will determine our pathway towards net-zero GHG emissions," he said.
"The trading is open, which means that you can trade across the border. What is important is that this does not affect our NDC at the Paris Agreement," he said during the press conference after the event. The minister also said that Malaysian carbon credits traded under BCX shall not be utilised for the purpose of meeting the NDC of other countries or for other international mitigation purposes, and this requirement has been incorporated in the BCX Rules.
Source: Energy Industry News (energyindustrynews.net)
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