How green will Malaysia's Budget 2025 be?

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How green will Malaysia's Budget 2025 be?
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In months, Lo Yuet-ping will bid farewell to a centuries-old village he has called home in Hong Kong for more than seven decades.

IT’S hard to believe that we are already well into the second half of 2024, and that preparations are underway for 2025 – an important year for Malaysia as we take the reins of Asean .

One of the significant inclusions in the statement is the development of a Carbon Capture, Utilisation, and Storage Act. While the intention behind this initiative is commendable, the devil will be in the details. That said, the concept of planetary health, which encompasses the health of human civilisation and the state of the natural systems on which it depends, aligns seamlessly with the three thrusts of the Madani Economy framework outlined for Budget 2025.

The third thrust, which involves good governance and public sector reform, can build upon health not only as a platform for garnering public support and enhancing the national policy landscape, but as the common thread of interest that ties us all together. However, achieving this requires substantial investment in data and monitoring systems; areas where Malaysia currently falls short.

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