Malaysia to Table National Climate Change Bills in July
theedgemalaysia.comMalaysia is preparing to introduce the National Climate Change Bill and the National Climate Change Authority Bill in Parliament this July. These legislative moves aim to establish a formal legal framework for the country to address the climate crisis and transition toward a low carbon economy. A central part of the new legislation is the introduction of a monitoring, reporting, and verification system. This MRV framework will standardize greenhouse gas emission calculations across all economic sectors, creating a national carbon registry to support future carbon taxes and carbon market mechanisms.
