Malaysia Is on The Right Track for Energy Transition with Transition Readiness At 60%
Malaysia is on the right track towards clean and renewable energy with the cumulative energy related to carbon dioxide (CO2) emissions expected to be reduced by 40% from 70% by 2050, said Minister of Natral Resources, Environment & Climate Change (NRECC), Nik Nazmi Nik Ahmad.
“According to the World Economic Forum’s latest Energy Transition Index, Malaysia ranked a respectable 39th, with system performance at 69% and transition readiness at 60%,” he said at the World Consumer Rights Day Seminar on Tuesday (8 May 2023). The one-day seminar, held at Tenaga Nasional Berhad (TNB) Convention Centre, TNB Platinum Tower in Kuala Lumpur was organised by the Federation of Malaysian Consumers Associations (FOMCA) in collaboration with TNB.
The seminar engaged more than 200 participants across private and public sectors, civil society, key consumer groups, workers, women, and youths. The seminar served as a platform to exchange ideas and to strengthen collaboration between various stakeholders in both public and private sectors; showcasing Malaysia’s continuous commitment towards elevating energy literacy under the Malaysia Energy Literacy Program (MELP).
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