On 12th and 13th August 2024, KRI together with UN Trade and Development (UNCTAD) hosted a national consultation meeting on green industrialisation to bring together national, regional and international experts, policymakers and stakeholders to share knowledge and expertise on Malaysia’s green industrialization strategy and experiences so far. The key objectives were to consult with national stakeholders particularly policy makers to:
1) identify core national challenges, constraints and opportunities;
2) explore potential policy implications arising from these; and,
3) discuss the role and potential of regional synergies and partnerships for assisting national efforts in promoting green development.
Under this project, UNCTAD and its partner in Malaysia, the Khazanah Research Institute, have joined efforts to issue five in-depth studies whose findings were presented at this meeting to guide discussions. These include a study on the experience of green industrialization in Malaysia so far, lessons to be learnt as well as current challenges and opportunities, three sectoral case studies (semiconductors, electric vehicles and energy) and an analysis of different financing options for green industrialization in Malaysia with a focus on the role of Government-Linked Investment Companies and Government-Linked Companies.
The closing session took stock of key issues, policy scenarios and implications as well as considered the role of regional policy coordination as a catalyst to further promote national advancements for green transformation and industrialization. The outcomes of this meeting will lay the foundations for the 2nd national consultation meeting in 2025 that will focus on further analysis and discussion of policy strategy for green transformation and industrialization in Malaysia.
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