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UNCTAD and KRI kicks off first national consultation on sustainable development today

KUALA LUMPUR: UN Trade and Development (UNCTAD) and its partner in Malaysia, the Khazanah Research Institute (KRI) have kicked off its first national consultation on Integrated Policy Strategies for Sustainable Future for Malaysia, today in Kuala Lumpur.

UNCTAD has developed a project that aims to assist four major developing countries in Asia – Kazakhstan, Malaysia, Pakistan and Türkiye - in their efforts to meet the sustainable development goals (SDGs) related to green transformative development.

The project is designed to assist Malaysia and the other three countries in achieving the 2030 agenda through effective integrated policy strategies and improved capacity at national level, including South-South peer-learning; and economic cooperation and policy coordination at regional level.

KRI in a statement issued today said the two-day national consultation meeting brings together national, regional and international experts, policymakers and private and public sector stakeholders to share knowledge and expertise on Malaysia's green industrialisation strategy and experiences so far.

It seeks to identify core national challenges, constraints and opportunities, explore potential policy implications and discuss the role and potential regional synergies and partnerships to assist national efforts in green development.

UNCTAD and KRI will issue five in-depth studies, including a study on the experience of green industrialisation in Malaysia so far, lessons to be learnt as well as current challenges and opportunities.

As well as three sectoral case studies (semiconductors, electric vehicles and energy) and an analysis of the role of government-linked investment companies and government-linked companies.

The outcomes of the meeting will lay the foundation for the second national consultation meeting in 2025 that will focus on further analysis and discussion of policy strategy for green transformation and industrialisation in Malaysia.

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