Malaysia plans to regulate carbon asset exports through eligibility whitelists and dynamic sales limits, according to Natural Resources and Environmental Sustainability Minister Datuk Seri Arthur Joseph Kurup. The aim is to allow international carbon credit sales without undermining Malaysia's own NDC targets. The measures sit under the National Carbon Market Policy launched in April. The minister cited Malaysia's first national marginal abatement cost curve, which estimates technical potential to cut 56 million tonnes of CO2 equivalent by 2030. About 39 million tonnes of that could come from negative or low-cost measures below RM100 per tonne, including waste heat recovery in cement and steel, building efficiency upgrades, and small-scale renewables. Malaysia has also set up Article 6.2 bilateral arrangements with Singapore and South Korea, and is preparing for CORSIA compliance for international aviation in 2027. The policy includes a national carbon registry and MRV frameworks meant to prevent double counting.
