Dato’ Noriyah Ahmad (EPU) Welcome Remarks - ADB Regional Workshop 27 Jan 2011

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    WELCOMING REMARKSBY

    DATO NORIYAH AHMADDIRECTOR GENERAL, ECONOMIC PLANNING UNIT

    PRIME MINISTERS DEPARTMENT

    REGIONAL WORKSHOP: STRENGTHENING PLANNING CAPACITY

    FOR LOW CARBON GROWTH IN DEVELOPING ASIA

    27 JANUARY 2011KUALA LUMPUR CONVENTION CENTRE

    Dr. Zhuang Juzhong

    Deputy Chief Economist of the Asian Development Bank

    Distinguished Participants, Ladies and Gentlemen,

    A very good morning to all.

    Selamat Datang to Malaysia, or Welcome to Malaysia and also to the

    Regional Workshop on Strengthening Planning Capacity for Low Carbon

    Growth in Developing Asia. It is indeed an honour and a privilege for

    Malaysia to host this Regional Workshop.

    2. On this occasion, I would like to thank the Asian Development

    Bank (ADB) for their efforts in making this Regional Workshop possible

    particularly, in gathering experts from Thailand, Vietnam, Indonesia and

    the Philippines, as well as Malaysia to discuss the very important global

    issues relating to climate change and its mitigation measures.

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    3. Promoting the low carbon growth to the developing economies in

    the Southeast Asian region, to me, is indeed crucial at this point in time.

    Today, as we are developing into a more knowledge-based society, our

    lifestyle is changing too. This has inevitably altered our living

    environment. Thus, it is important for us to keep both development and

    environment in balance via the principles of sustainable development.

    Ladies and Gentlemen

    4. Just two days ago, the Economic Planning Unit conducted a

    National Inception Workshop on Economics of Climate Change for

    Malaysia, which was attended by about 100 participants from various

    ministries, departments, agencies, States Planning Unit, academicians

    and NGOs as well as representatives from ADB, United Nations

    Development Programme, British High Commission and European

    Commission. With the objective to analyse the economic costs and

    benefits of climate change adaptation and mitigation measures to the

    country, the outcome of the Economics of Climate Change for Malaysia

    study and this regional study conducted by ADB will complement each

    other in developing comprehensive adaptation and mitigation strategies

    for addressing climate change.

    5. Climate change is a multi-dimensional issue. It is as much a

    science and technology issue as it is an economic and social

    development issue. It poses a huge threat to our pursuit for sustainable

    development as it affects all aspects of human development especially

    people in the developing countries. The recent calamity such as floods

    occurring in Australia, Brazil, Pakistan and Sri Lanka not only

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    jeopardizing economic activities, properties but also lifes lost. Closer at

    home, northern states in Peninsular Malaysia also experienced floods.

    Despite having contributed least to greenhouse gas emissions, they are

    likely to be the most affected by climate change. The impacts are felt by

    the economy, existing society and future generation, as well as the

    whole ecosystem chain.

    6. Recognising the global challenge of climate change and its

    impacts, Malaysia as a responsible global citizen, has taken necessary

    steps to tackle the challenges brought about by climate change.

    Malaysia has already adopted and is implementing the National Climate

    Change Policy and the National Green Technology Policy, which is

    aimed at moving towards a climate resilient and low-carbon economy. A

    special framework was introduced to ensure the effective

    implementation of the policies, which includes critical factors, namely

    awareness, faculty, finance, infrastructure, research, and marketing

    (AFFIRM). This is inclusive of the establishment of a Green Technology

    Financing Scheme, amounting to RM1.5 billion, to promote and spur the

    development of green technology in the country, especially market

    creation and the penetration of green technology in the economy.

    7. Malaysia has embarked on promoting efficient energy usage with

    numerous energy efficiency initiatives being adopted such as enforcing

    the Efficient Management of Electricity Regulation 2008 to ensure more

    efficient use of electricity among large users; and promoting usage of

    high energy-efficient appliances and equipment.Specific aspects of the

    green technology have already been adopted in the government

    administrative centre township, namely Putrajaya and Cyberjaya, to

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    serve as a showcase for the development of other townships in the

    country.

    Ladies and Gentlemen

    8. At the 15th Conference of Parties to the United Nations Framework

    Convention on Climate Change on December 2009, our Honourable

    Prime Minister, Dato Sri Mohd. Najib Tun Abdul Razak reiterated

    Malaysias commitment by announcing that Malaysia is adopting an

    indicator of a voluntary reduction of up to 40%, in terms of emissions

    intensity of GDP by the year 2020 compared to 2005 levels, with

    condition, on receiving the transfer of technology and finance of

    adequate and effective levels from our Annex 1 partners.

    9. Subsequently, in the Tenth Malaysia Plan, one of the 81 initiatives

    to be undertaken is on developing a climate resilient growth strategy

    through protection of our economic growth from impacts of climate

    change; and reducing Malaysiaa carbon footprint. In reducing the

    emission intensity, focus will be put on creating stronger initiatives for

    investments in renewable energy, promoting energy efficiency,

    improving solid waste management, conserving forests, and improving

    the air quality. At the same time, we will also enhance the conservation

    of our ecological assets as well as ensuring its sustainable utilisation.

    10. Depleting energy sources, coupled with the rapidly increasing

    energy demand by the country, has made Malaysia among the countries

    which are at the fore-front of renewable energy exploration. In this

    regard, Malaysia is targeting that renewable energy would contribute

    about 5.5% of Malaysias total electricity supply by 2015 through

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    stronger incentive system for investments, such as introducing a Feed-in

    Tariff (FIT); and establishing a Renewable Energy Fund.

    Ladies and Gentlemen

    11. In striving towards a higher level of economic development, we

    must be reminded that it should not be at the expense of the

    environment and the quality of life of the citizens. As such, ensuring the

    quality of life of the citizens should also be included in the economic

    planning of each country. Green growth can thus be the driver to

    accelerate the economy and to promote sustainable development.

    12. I sincerely hope todays Workshop will lead towards

    comprehensive strategies for achieving the low carbon economy goals in

    Southeast Asia.

    13. Before I conclude, I would like to take this opportunity to thanked

    Asian Development Bank, the Government of Britain and the

    Government of Japan in making this regional workshop possible. For all

    the participants, I hope this workshop will be able to assist you in

    developing low-carbon growth strategies in your country. It is also my

    wish that participants would take this opportunity to enjoy what Kuala

    Lumpur has to offer.

    Finally, I wish you all a productive workshop.

    Thank you very much.