Page 19 - GreenRE_Sustainable Real Estate Book

2009 National Green Technology Policy (NGTP) was established

The National Green Technology Council and Climate Change – coordinate among
government ministries, agencies and private sector

Malaysia Green Building Confederation (MGBC) was established to promote sustainable
built environment
2020s
Launch of the Green Building Index – the start of green grading and certification
of Malaysian buildings

2010 Green financing scheme was introduced to attract innovators and Covid-19 pandemic halted
green technology economic activities while
environmental metrics improved
2011 Low Carbon Cities Framework launched
Climate change becomes urgent
2012 MyHijau Mark – guide to buying green products & services
2021 – 2025 12th Malaysia Plan
2014 Budget 2014 – presented green incentives - advance sustainability initiatives

2016 – 2020 11th Malaysia Plan: Green Growth Strategy Targets:
• 45% Reduction in GHG to GDP by 2030
2015 Green Agenda Plan Development to support the NGTP deployment
• Disaster Risk Management Policy
2017 - 2030 Green Technology Masterplan – mitigate negative environmental impact from • 31% RE of Total Installed Capacity
economic activities
• Circular Economy
Development of GTFS 2.0 to incentivise the green industry
Net-Zero 2050: Trading Carbon Credits
Dec 2022 Bursa Carbon
Exchange (BCX)
World’s first Shariah -
2000s compliant carbon exchange
RM10 mil Carbon Credit
fund
To support Malaysian
generated carbon credit
March 2023
RM7.7 mil carbon credits
sold on BCX
SUSTAINABLE REAL ESTATE | Our 10-Year Journey 8