KUALA LUMPUR: The Sustainable Energy Development Authority (Seda) is confident that Malaysia can meet the goal of zero carbon emission by 2050 and putting the country's status as a developed nation through strong collaboration with all stakeholders.
Chairman Ahmad Zairin Ismail said it is crucial for various stakeholders, industry players and the public to collaborate in ensuring the target of net zero carbon emission and 70 per cent Renewable Energy (RE) installed capacity by 2050 will be achieved.
"This is so that a decoupling effect can be observed between economic development and energy demand, resulting in low carbon emissions," he said in a statement today (November 28).
He said the authority has been carrying out various Sustainable Energy (SE) programmes introduced by the government for the past 12 years, including the clean energy generation from RE resources programmes as well as energy usage and management programmes.
"The programmes will ensure that the SE industry continues to progress further while meeting the country's target to achieve net zero carbon emissions by 2050," he said.
He also said the impact from the programmes run by Seda, such as the Feed-in Tariff (FiT) mechanism and Net Energy Metering (NEM) programme could be seen not only from the aspect of reduction of carbon emissions but also bringing investment into the country.
"For example, this year alone, the NEM programme has successfully attracted local investment in RE projects worth RM3 billion," he said.
He also noted that climate change issue does not only involve the energy sector but also involves other sectors such as biodiversity and forestry, which also play an important role.
"As one of the agencies under the Natural Resources, Environment and Climate Change Ministry, Seda alongside the ministry and other agencies have a big responsibility in leading the energy transition agenda, thus reducing carbon emission," he added. — Bernama