M’sia to become major carbon market in Asia

Vaibhav: It may only be a matter of time before demand for carbon credits in Malaysia picks up. Realising this market growth would require the right market design and provision of timely support to help new players scale in this space.

PETALING JAYA: Malaysia is poised to become one of the top carbon markets in Asia, according to global consulting giant McKinsey & Co.

It said such a market would not only help the country in meeting its climate targets but would bolster new economic activities.