New paper launched: Effective Carbon Pricing and Markets in Malaysia

Today at COP30 in Belém, IETA’s Business Partnership for Market Implementation (B-PMI) published a white paper setting out options for a Malaysia carbon pricing system. 

The white paper, titled Effective Carbon Pricing and Markets in Malaysia: Private Sector Perspectives, considers the options available to the country in the formulation of a carbon pricing system and recommends specific principles that should govern the development of a carbon tax and eventually an emissions trading system (ETS) . 

 The paper identifies some key considerations for lawmakers when crafting a carbon pricing system for the country, including:  

1. Predictability and adaptability
2. National alignment
3. Private sector engagement
4. Revenue neutrality and transparency
5. Use of high-integrity offsets

Read the paper here.