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The Roadmap until 2050 - Ceta Asia

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class="elementor-post-info__terms-list-item">Blog</a> </span> </span> </li> </ul> </div> </div> <div class="elementor-element elementor-element-3a7ac8d elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading" data-id="3a7ac8d" data-element_type="widget" id="post-title" data-widget_type="theme-post-title.default"> <div class="elementor-widget-container"> <style>/*! elementor - v3.23.0 - 05-08-2024 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}</style><h1 class="elementor-heading-title elementor-size-default">The Roadmap until 2050</h1> </div> </div> <div class="elementor-element elementor-element-606b482 date-tag elementor-widget elementor-widget-post-info" data-id="606b482" data-element_type="widget" data-widget_type="post-info.default"> <div class="elementor-widget-container"> <ul class="elementor-inline-items elementor-icon-list-items elementor-post-info"> <li class="elementor-icon-list-item elementor-repeater-item-d99d421 elementor-inline-item" itemprop="datePublished"> <a href="https://ceta.asia/2024/04/05/"> <span class="elementor-icon-list-icon"> <svg aria-hidden="true" class="e-font-icon-svg e-fas-calendar" viewBox="0 0 448 512" xmlns="http://www.w3.org/2000/svg"><path d="M12 192h424c6.6 0 12 5.4 12 12v260c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V204c0-6.6 5.4-12 12-12zm436-44v-36c0-26.5-21.5-48-48-48h-48V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H160V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H48C21.5 64 0 85.5 0 112v36c0 6.6 5.4 12 12 12h424c6.6 0 12-5.4 12-12z"></path></svg> </span> <span class="elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date"> <time>April 5, 2024</time> </span> </a> </li> </ul> </div> </div> </div> <div class="elementor-element elementor-element-4c64043 col-right e-flex e-con-boxed e-con e-child" data-id="4c64043" data-element_type="container"> <div class="e-con-inner"> <div class="elementor-element elementor-element-e1ca2b7 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image" data-id="e1ca2b7" data-element_type="widget" data-widget_type="theme-post-featured-image.default"> <div class="elementor-widget-container"> <style>/*! elementor - v3.23.0 - 05-08-2024 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=".svg"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}</style> <img width="1026" height="684" src="https://ceta.asia/wp-content/uploads/2024/04/H-insight-img-03-temp-no-overlay.png" class="attachment-full size-full wp-image-3253" alt="" srcset="https://ceta.asia/wp-content/uploads/2024/04/H-insight-img-03-temp-no-overlay.png 1026w, https://ceta.asia/wp-content/uploads/2024/04/H-insight-img-03-temp-no-overlay-300x200.png 300w, https://ceta.asia/wp-content/uploads/2024/04/H-insight-img-03-temp-no-overlay-1024x683.png 1024w, https://ceta.asia/wp-content/uploads/2024/04/H-insight-img-03-temp-no-overlay-150x100.png 150w, https://ceta.asia/wp-content/uploads/2024/04/H-insight-img-03-temp-no-overlay-768x512.png 768w" sizes="(max-width: 1026px) 100vw, 1026px" /> </div> </div> </div> </div> </div> </div> </div> <div class="elementor-element elementor-element-f54fc2f e-con-full e-flex e-con e-parent" data-id="f54fc2f" data-element_type="container" id="post-content"> <div class="elementor-element elementor-element-2233a81 content-wrap e-flex e-con-boxed e-con e-child" data-id="2233a81" data-element_type="container"> <div class="e-con-inner"> <div class="elementor-element elementor-element-705c786 elementor-widget elementor-widget-theme-post-content" data-id="705c786" data-element_type="widget" data-widget_type="theme-post-content.default"> <div class="elementor-widget-container"> <p><strong>The Twelfth Malaysia Plan, spanning 2021-2025 (Twelfth Plan), articulates our commitment to achieve net-zero GHG emissions by 2050. Concurrently, the National Energy Policy 2022-2040 (DTN) lays the foundation for an equitable energy transition that is fair and inclusive for everyone.</strong></p> <p>Globally, the energy sector faces a rapid transformation while balancing the energy trilemma of security, affordability, and sustainability. Energy transition is also gaining momentum both domestically and internationally.</p> <p>To accelerate our energy transition efforts, we have developed the National Energy Transition Roadmap (NETR). This roadmap is vital for steering Malaysia’s shift from traditional fossil fuelsbased economy to a high-value green economy. The NETR requires a whole-of-nation approach, encompassing federal and state governments, industry, general public, and international community.</p> <p>Ten flagship catalyst projects of the NETR, which cover six energy transition levers namely, energy efficiency (EE), renewable energy (RE), hydrogen, bioenergy, green mobility, and carbon capture, utilisation and storage (CCUS) was launched on July 27th 2023. These flagship projects are expected to attract investment of more than RM25 billion, create 23,000 job opportunities and reduce GHG emissions by more than 10,000 Gg CO2eq per year.</p> <p>Additionally, the NETR establishes the pathway for national energy mix, GHG emission reduction and energy transition initiatives. This reinforces Malaysia’s commitment to net-zero emissions as early as 2050 despite contributing only 0.8% to global GHG. By 2050, NETR initiatives are expected to deliver 32% reduction in GHG emissions for the energy sector compared to the 2019 baseline – reaching 4.3 MtCo2eq emission per capita.</p> <p>The Ministry has undertaken an extensive consultative approach involving policymakers, industry stakeholders, technology experts, and businesses to analyse and appraise best practices, lessons learned, and both existing and proposed initiatives. As we move ahead, the NETR will serve as a guiding beacon, offering clarity and coherence in formulating policies and executing strategies for the energy sector’s transition into a low-carbon future.</p> <div class="wp-block-image"> <figure class="aligncenter size-large"><img fetchpriority="high" decoding="async" width="776" height="1024" src="https://ceta.asia/wp-content/uploads/2024/07/Ceta_NETR-776x1024.png" alt="" class="wp-image-5043" srcset="https://ceta.asia/wp-content/uploads/2024/07/Ceta_NETR-776x1024.png 776w, https://ceta.asia/wp-content/uploads/2024/07/Ceta_NETR-227x300.png 227w, https://ceta.asia/wp-content/uploads/2024/07/Ceta_NETR-114x150.png 114w, https://ceta.asia/wp-content/uploads/2024/07/Ceta_NETR-768x1013.png 768w, https://ceta.asia/wp-content/uploads/2024/07/Ceta_NETR-1165x1536.png 1165w, https://ceta.asia/wp-content/uploads/2024/07/Ceta_NETR.png 1377w" sizes="(max-width: 776px) 100vw, 776px" /></figure></div> </div> </div> </div> </div> </div> </div> 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