ACCCIM Courtesy Visit to the Yang Di-Pertuan Rakyat

ACCCIM delegation, led by President of ACCCIM Datuk Ng Yih Pyng had a meeting with Yang di-Pertua Dewan Rakyat Tan Sri Dato' Dr. Johari bin Abdul and his team to discuss several matters affecting the business community. During the engagement, Mr Lee Heng Guie presented a number of key issues and concerns faced by businesses.

南洋商报

南洋商报

星洲日报

南洋商报

星洲日报

The Star

The Star

ACCCIM Interaction Session with Associate Members

• The NCMP provides a structured framework to catalyse cost-effective climate action through a high-integrity, inclusive carbon market that accelerates national decarbonisation goals.

• It supports Malaysia’s Nationally Determined Contributions (NDC) 3.0 target to reduce absolute emissions by 15 to 30 million tCO2e by 2035, through both domestic initiatives and international cooperation.

• The policy is anchored on four pillars: (i) Implementing a high-integrity market; (ii) Driving a conducive ecosystem; (iii) Accelerating carbon credit trading; and (iv) Strengthening domestic and international linkages. 

• It utilises a Marginal Abatement Cost (MAC) Curve to prioritise low-cost domestic mitigation while leveraging international carbon finance for high-cost, "hard-to-abate" measures.