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Green Finance in Malaysia

Barriers and Solutions

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Handbook of Green Finance

Part of the book series: Sustainable Development ((SD))

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Abstract

There is growing concern about a secure and sustainable energy future. An emphasis on long-term energy security, sustainable economic growth, and controlling greenhouse gas emissions has made Malaysia one of the fastest-growing countries in terms of renewable energy sources. Recently, Malaysia has made considerable progress toward renewables, with incentives provided over the years reflecting the government’s efforts to develop and support the sector. As part of its intent to invest in a green economy, Malaysia, like many countries, has enhanced its efforts, incentives, standards, awareness, and policies regarding green finance. Despite all the developments and progresses, the country requires more support from the government in motivating people to use renewables and developing new green projects.

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Correspondence to Behnaz Saboori .

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© 2019 Asian Development Bank Institute

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Saboori, B., Azman, A., Moradbeigi, M. (2019). Green Finance in Malaysia. In: Sachs, J., Woo , W., Yoshino, N., Taghizadeh-Hesary, F. (eds) Handbook of Green Finance. Sustainable Development . Springer, Singapore. https://doi.org/10.1007/978-981-10-8710-3_8-1

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  • DOI: https://doi.org/10.1007/978-981-10-8710-3_8-1

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-10-8710-3

  • Online ISBN: 978-981-10-8710-3

  • eBook Packages: Springer Reference HistoryReference Module Humanities and Social SciencesReference Module Humanities

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