KUALA LUMPUR: Malaysia is preparing for a prominent presence at COP29, taking place in Baku, Azerbaijan from 11 to 22 November 2024. The delegation will include over 250 members, comprising policymakers, government agencies, GLCs, private businesses, NGOs, and passionate youth representatives. Through the Malaysia Pavilion, Malaysia will highlight its commitment to global climate action and regional sustainability.
Pavilion Theme: ‘Shift for Sustainability – Climate Action Now!’
The Pavilion will focus on Malaysia’s strategic vision and whole-of-nation approach to climate action, aligning with COP29’s overarching theme: “Enhance Ambition, Enable Action.” As the incoming ASEAN Chair, Malaysia is ready to take a leading role in advancing both regional and global climate agendas, promoting sustainability, inclusivity, and a nation-focused narrative at COP29.
Malaysia’s Role in Green Investment
Malaysia seeks to establish itself as a top destination for green investments, fostering supportive policies and collaboration to promote sustainable growth and innovation. Minister of Natural Resources and Environmental Sustainability, Nik Nazmi Nik Ahmad, emphasized Malaysia’s readiness to tackle challenges and push the boundaries in sustainability: “We are eager to unite with the global community to achieve bold sustainability goals and build a resilient climate future for all.”
Seven Core Focus Areas for COP29
The Malaysia Pavilion will showcase seven key areas of focus that align with Malaysia’s pathway to achieving net-zero emissions and reinforcing national sustainability:
- Finance & Economy: Enhancing sustainable finance through climate financing, carbon market opportunities, and green investment leadership in ASEAN.
- Trade & Industry: Promoting sustainability in trade practices via circular economy strategies, supply chain guidelines, and carbon trading frameworks.
- Natural Resources: Engaging global partners in biodiversity conservation and promoting community-led ecological stewardship.
- Energy: Advancing sustainable energy innovations such as carbon capture, hybrid solar, and regional energy grids, supporting Malaysia’s green energy transition.
- Tech & Innovation: Merging technology and traditional knowledge to promote sustainable practices and climate resilience.
- Sustainable Development: Advocating for adaptive urban planning and climate-conscious communities, prioritizing social equity.
- Youth & Adaptation: Empowering youth, women, and indigenous communities to address challenges like food security, floods, and sea-level rise.
Malaysia’s Green Economy Success
Since 2010, Malaysia’s green economy has attracted over RM10 billion in investments and created 5,579 green jobs through the Green Technology Financial Scheme (GTFS). The nation’s participation at COP29 aims to reinforce its green economy commitment and support the proposed carbon tax set to be introduced in 2026 to drive cleaner technologies and attract sustainable investments.
The Malaysia Pavilion at COP29 is spearheaded by the Ministry of Natural Resources and Environmental Sustainability, in collaboration with the Malaysian Green Technology and Climate Change Corporation (MGTC), with support from key national entities, including Tenaga Nasional Berhad, PETRONAS, MPOC, and others.
For more information, visit Malaysia Pavilion at COP29.
