Green Finance in Malaysia

Barriers and Solutions
  • Behnaz SabooriEmail author
  • Azlinda Azman
  • Maryam Moradbeigi
Living reference work entry
Part of the Sustainable Development book series (SD)


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.


Malaysia Renewable energy Green technology Financial incentives Government policy 

JEL Classification

Q54 Q55 Q42 Q28 


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Copyright information

© Asian Development Bank Institute 2019

Authors and Affiliations

  • Behnaz Saboori
    • 1
    Email author
  • Azlinda Azman
    • 2
  • Maryam Moradbeigi
    • 3
  1. 1.Department of Economics and AccountingSouth Tehran Branch, Islamic Azad UniversityTehranIran
  2. 2.School of Social SciencesUniversiti SainsPenangMalaysia
  3. 3.Taylor’s Business SchoolTaylor’s UniversitySelangorMalaysia

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