• [email protected]
  • +971 507 888 742
Submit Manuscript
SciAlert
  • Home
  • Journals
  • Information
    • For Authors
    • For Referees
    • For Librarian
    • For Societies
  • Contact
  1. Journal of Environmental Science and Technology
  2. Vol 4 (1), 2011
  3. 31-40
  • Online First
  • Current Issue
  • Previous Issues
  • More Information
    Aims and Scope Editorial Board Guide to Authors Article Processing Charges
    Submit a Manuscript

Journal of Environmental Science and Technology

Year: 2011 | Volume: 4 | Issue: 1 | Page No.: 31-40
DOI: 10.3923/jest.2011.31.40

Facebook Twitter Digg Reddit Linkedin StumbleUpon E-mail

Article Trend



Total views 332

Authors


R.A. Begum

Country: Malaysia

R.D.Z.R.Z. Abidin

Country: Malaysia

J.J. Pereira

Country: Malaysia

Keywords


  • mitigation
  • adaptation
  • Clean development mechanism
  • climate change
Research Article

Initiatives and Market Mechanisms for Climate Change Actions in Malaysia

R.A. Begum, R.D.Z.R.Z. Abidin and J.J. Pereira
This study briefly encompasses the current initiatives and alternative market mechanisms such as clean development mechanism, fiscal and financial incentives, regulatory requirements and insurance provision to address climate change actions in Malaysia. The government has taken many initiatives including promoting utilisation of renewable energy, energy efficiency in industry, building and transport sector, restructuring public transport system, cleaner fuel, stringent emission standards and alternative industrial processes technique. There is also a substantial Clean Development Mechanism (CDM) potential in Malaysia of up to 100 million tonnes CO2 equivalent for the period 2006 to 2012. At market prices between US$ 3 and 10 per tonne, this corresponds to a total capital inflow to Malaysia from sales of CDM credits (CERs) in the range of RM 1.14 to 3.8 billion. Bilateral and multilateral CDM projects might typically leverage project financing 3 to 4 times this amount, hence contributing substantially to foreign direct investment and technology transfer. Although, the Malaysian government has given much efforts to managing climate change issues, there is still need for improvement includes: integration of programmes in various agencies, adjustment of current sectoral-based approaches, stakeholder’s consultation and cooperative actions and expansion of the use of market based instruments as well as carbon taxation and a cap-and-trade programmme augmented by regulatory systems. In addition, there is urgent need to address research and development (R and D) for both adaptation and mitigation. This balancing is required to avoid compromise in economic growth and sustainable development of this country.
PDF Fulltext XML References Citation

How to cite this article

R.A. Begum, R.D.Z.R.Z. Abidin and J.J. Pereira, 2011. Initiatives and Market Mechanisms for Climate Change Actions in Malaysia. Journal of Environmental Science and Technology, 4: 31-40.

DOI: 10.3923/jest.2011.31.40

URL: https://scialert.net/abstract/?doi=jest.2011.31.40

Related Articles

Steps Towards Mitigation of Air Pollutants as a Key for Sustainable Development I.C
Review of Costs and Methods for Climate Change Adaptation
Heat Transfer Reduction Using Self Shading Strategy in Energy Commission Building in Malaysia
Burden of Malaria at Household Level: A Baseline Review in the Advent of Climate Change
Environmental Problems in Malaysia: A View of Contractors` Perception
Tracing Trends in the Sequences of Dry and Wet Days over Peninsular Malaysia

Leave a Comment


Your email address will not be published. Required fields are marked *

Useful Links

  • Journals
  • For Authors
  • For Referees
  • For Librarian
  • For Socities

Contact Us

Office Number 1128,
Tamani Arts Building,
Business Bay,
Deira, Dubai, UAE

Phone: +971 507 888 742
Email: [email protected]

About Science Alert

Science Alert is a technology platform and service provider for scholarly publishers, helping them to publish and distribute their content online. We provide a range of services, including hosting, design, and digital marketing, as well as analytics and other tools to help publishers understand their audience and optimize their content. Science Alert works with a wide variety of publishers, including academic societies, universities, and commercial publishers.

Follow Us
© Copyright Science Alert. All Rights Reserved