UK will help Malaysia in its persuit of net zero after COP26
UK will help Malaysia in its persuit of net zero after COP26: Following the commitments agreed at COP26, the UK will seek to assist Malaysia in its climate transition.
Malaysia was one of several nations to join the Glasgow Climate Pact and vow to increase their 2030 emission reduction targets in order to better align their policies with the Paris Agreement.
Yesterday, British High Commissioner to Malaysia Charles Hay spoke in Kuala Lumpur to reaffirm the UK’s commitment to assisting Malaysia on its path to low-carbon infrastructure and carbon-neutrality.
The Southeast Asian country also signed the deal to eliminate deforestation and cut methane emissions by 30% by 2030.
The UK will now offer additional financial assistance to poor nations like Malaysia in order to help them meet these targets; the UK has doubled its international climate financing to £11.6 billion over the next four years.
For Southeast Asian nations, the ASEAN Catalytic Green Finance Facility will offer £110 million, while the UK Climate Action for a Resilient Asia will provide £274 million.
“Climate change is at the centre of our diplomatic activities because it is our most pressing global problem. We all need to work together to solve it, and if we don’t we will fall together.” said Mr Hay.
“Together for Our Planet is a core theme of the UK’s presidency of COP26. It sums up the UK’s climate partnership with Malaysia.”
UK will help Malaysia in its persuit of net zero after COP26: