Clean Energy Future Beckons, Anwar Seeks Broad Support at Azec Summit

Good news for the planet! Prime Minister Datuk Seri Anwar Ibrahim addressed the Asia Zero Emission Community (Azec) Leaders Meeting in Tokyo, calling for broad support as Malaysia charts its clean energy transition course.

Seeking Partners, Progress: To achieve a "just transition" to a sustainable future, Anwar emphasized the need for collaboration in four key areas:

• Financing: Access to affordable capital is crucial for developing renewable energy projects.
• Incentives: Policies must encourage investment and adoption of clean technologies.
• Technology: Sharing of cutting-edge solutions will accelerate progress.
• Infrastructure: Building the necessary infrastructure is essential for a seamless transition.

Malaysia Takes the Lead: Anwar showcased Malaysia's commitment to clean energy by highlighting the National Energy Transition Roadmap (NETR), a blueprint for a greener future. The NETR draws inspiration from initiatives like Azec, demonstrating Malaysia's commitment to regional collaboration.

Toward an Equitable Future: Anwar stressed the importance of ensuring a "just transition," one that leaves no one behind. He advocated for a progressive cooperation model that prioritizes inclusivity and equitable access to clean energy benefits.

Azec: A Platform for Progress: Malaysia sees Azec as a valuable platform for regional cooperation on clean energy. The collaborative spirit within Azec, coupled with Japan's generous financial commitment of US$8 billion for renewable energy projects, promises a brighter future for the region.

Japan Steps Up as Leader: Japanese Prime Minister Fumio Kishida pledged Japan's support for Asean nations' decarbonization efforts. Highlighting Japan's Green Transformation (GX) Basic Policy, Kishida outlined Japan's commitment to sharing technology and expertise with partner nations.

Looking Ahead: With over 350 clean energy projects already launched in Azec partner nations thanks to Japan's initiative, the future looks promising. Kishida expressed confidence that the decarbonization market will attract global investment, paving the way for a sustainable future for all.

Stay tuned for updates on Malaysia and Azec's journey toward a cleaner, greener future!

Source: Bernama